OAO Nizhneserginsky Metal Goods Plant (NSMMZ, NLMK’s daughter enterprise) reports a decrease in revenues, gross profit and sales proceeds by 5%, 24%, and 59%, respectively, in the fourth quarter of 2010 compared with the last quarter.

The plant’s revenues amounted to 8.8bn RUR in the last quarter of 2010 (compared with 9.3bn RUR in the third quarter), its gross profit came to 1.6bn RUR (compared with 2.2bn RUR in the third quarter), and its sales proceeds reached 512.5m RUR (compared with 1.2bn RUR in the third quarter of 2010).