Novolipetsk Steel NLMK

NLMK Group increased sales of rolled metal products in H1

In the second quarter, steel production at NLMK Group decreased by 5% to 4 million tons due to start of major repairs of NLMK's blast furnace and converter production.

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NLMK Group to increase steel production by 1 million tons and expand sales portfolio

The Novolipetsk Metallurgical Plant has begun construction and installation work under of one of the key projects of Strategy 2022 - a complete reconstruction of the continuous casting machine (CCM

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Russia to challenge US duties on imports of hot rolled steel

Russia intends to challenge US anti-dumping duties of 184%, which were introduced in 1999, within the WTO.

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NLMK begins reconstruction of steelmaking facility

The Novolipetsk Metallurgical Plant (NLMK) began a large-scale reconstruction of steelmaking units — converters and associated dust and gas trapping equipment at the converter shop No. 2.

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Securities of Russian companies are generally cheaper in London.

On Monday securities of Russian companies show mainly negative dynamics on the London Stock Exchange (LSE), according to the data of the auction.

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In 2018, export of Russian steel settled to Europe was record high

In 2018, Russia set a historical record for export of steel products to the EU, taken the second place among the largest suppliers to this market after Turkey.

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Vladimir Lisin sells 2.6% of NLMK

Vladimir Lisin, who recently sold his 5.8% stake in Zenit bank, now is selling a part of his stake in his main asset - Novolipetsk Steel. The stake of 2.6% of NLMK is valued at $400 million.

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ChTPZ pipes are used for technical re-equipment of NLMK

The products of the Chelyabinsk Pipe Rolling and Pervouralsk Novotrubny Plants (enterprises of the ChTPZ Group) will be used in a large-scale reconstruction of the blast furnace of the Novolipetsk

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NLMK places 7-year Eurobonds for $500 mln

NLMK has announced closure of a deal to issue 4-year Eurobonds worth $500 million with an interest rate of 4.7% per annum. The interests on the Eurobonds will be paid semi-annually.

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NLMK suspends investment projects in USA and waits for stable game rules from Russian Government

After introduction of a 25% duty on imports of Russian steel in the United States NLMK stops development of its American division, says chairman of the company’s Board of Directors Vladimir L

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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"
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