Domestic demand drives NLMK block

Sam Kerr

July 01, 2019 03:45 pm

Lisin_Vladimir_NLMK_PA_230x150 — MOSCOW, RUSSIA - FEBRUARY 9, 2018: Vladimir Lisin, Chairman of the Board of Directors at NLMK Group, Russia's major manufacturer of high-quality steel products, speaks at the 27th Congress of the Russian Union of Industrialists and Entrepreneurs at the Moscow Ritz-Carlton Hotel; the congress is part of the 2018 Russian Business Week. Mikhail Metzel/TASS | Mikhail Metzel/Tass/PA Images

Interest from Russian accounts drove a $400m sale in steel company NLMK Group last week, with local demand remaining strong in the country for the right sectors and stocks.

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Topics

Central and Eastern Europe (CEE)Equity ABBs-Block Trades Europe Emerging Markets CEE Equity EMEA CEE Russia

SK

Sam Kerr