Novolipetsk Steel NLMK

NLMK to build a plant in India

NLMK has decided to build a transformer steel plant in India.

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NLMK group attracts debt linked to sustainable development indicators

NLMK group has announced a change in terms of the current revolving credit line in the amount of 250 million euro.

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Russia's largest steel company's reduce production in 2019

The largest Russian metallurgical companies NLMK, MMK and Severstal reduced steel production in 2019 due to weak demand in foreign markets, which was not fully offset by an increase in metal consum

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S&P has revised to positive outlook on ratings of MMK and NLMK

S&P Global Ratings has changed its outlook on NLMK and MMK from "stable" to "positive", the rating agency reports.

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MMK harvests competition

Magnitogorsk Iron and Steel Works (MMK) intends to invest about $ 2 billion in new projects by 2025. The goal is to reduce the cost of blanks (slabs) from $ 313 to $ 266 per ton.

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NLMK plans to increase transportation by road

NLMK Group, Russia's largest steel producer, intends to significantly increase the share of road transportation of metal - from 4% in 2018 to 22% in 2022.

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NLMK plans large-scale investment programme

Sergey Khorn, Commercial Director of NLMK Group's Russian divisions, in his speech at the 22nd International Conference "Russian Metals Market", which is taking place today in Moscow,

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NLMK completes reconstruction of blast furnace No.6

Blast Furnace No. 6 was commissioned at the Novolipetsk Iron and Steel Works after extensive reconstruction.

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IPNM: Electricity prices would rise by 11-25% if the carbon tax were introduced.

The Institute for the Problems of Natural Monopolies (IPNM) supports the refusal to introduce a "carbon tax", as otherwise electricity prices would rise by 11-25% depending on the categor

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Moody's: Steel demand growth in Russia will slow to 1-2% in 2020

Moody's forecasts a slowdown in the growth rate of demand for steel in Russia in 2020 to 1-2% after a rapid increase in demand in the first half of 2019.

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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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