Novolipetsk Steel NLMK

NLMK may pay dividends for Q1 at the rate of 7.34 rubles per share

NLMK’s Board of Directors has recommended to shareholders of the company to approve at the extraordinary general meeting payment of dividends for ordinary shares on results of the first quart

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NLMK looks for suppliers of billets for its division in USA

The American division of NLMK is experiencing a shortage of slabs supplied from Russia. The reason for this was a protective duty of 25% on steel supplies, imposed by the US authorities.

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In Q1, NLMK Group reduced steel production

In the first quarter of 2019, steel production at the metallurgical enterprises of NLMK Group amounted to 4.18 million tons.

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NLMK-Rolled Section intends to maintain share of reinforcement market at the level of 20%

In 2018, “Rolled Section” Division of NLMK Group achieved its best over the last 10 years economic indicators.

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In Q1 2019 NLMK reduces steel production by 3% - to 4.2 million tons

In Q1 2019 The volume of steel production at the Novolipetsk Metallurgical Plant (NLMK) was 4.2 million tons, the company said. In annual terms, the indicator fell by 3%.

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Fitch assigns Severstal, NLMK and MMK rating BBB with stable outlook

The international rating agency Fitch has assigned Severstal, NLMK and MMK a long-term default rating of the issuer at the BBB level. The outlook on the rating is stable, the agency reports.

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NLMK updates heating furnace of hot-rolling shop in Lipetsk

NLMK started the installation of the heating furnace equipment in the hot rolling shop.

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Oil can end the quarter with the strongest growth since 2009.

Following the results of the auction on March 28, the MosBirzh index rose by 0.2% to 2,492.40 p., while the RTS rose by 0.01% to 1,207.31 p.

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NLMK approves its development strategy

As part of a new strategy, NLMK Group of Vladimir Lisin will invest $2.1 billion in production development.

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NLMK suspends supply of slabs to its plant in USA

The Russian Group NLMK has suspended deliveries of slabs to its NLMK Pennsylvania plant in the United States, as the company failed to obtain exemption for its semi-finished products from US steel

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
Telephone: +7 927 303 00 25

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