At a meeting held on 31 July 2018, NLMK Group’s (LSE: NLMK) Board of Directors recommended the Company’s shareholders approve payment of Q2’18 dividends of RUB 5.24 per share at the upcoming Extraordinary General Shareholder Meeting (EGM) which will be held on 28 September 2018.
NLMK Group (MICEX and LSE: NLMK) is pleased to announce an EBITDA growth of 13% qoq to a record $915 m. Net income grew by 16% qoq to $581 m.
Stoilensky has produced its ten-millionth tonne of pellets at its pelletizing plant, one of the largest in Europe. Launched in November 2016, the pelletizing plant was able to reach design capacity of 6 million tonnes of pellets per year in 6 months and continues to go from strength to strength.
NLMK (LSE: NLMK) will be announcing its consolidated IFRS results for Q2 2018 on Tuesday, July 31, 2018.
NLMK Group is pleased to announce the opening of a new service center, NLMK South Africa, which will supply abrasion-resistant and high-strength thick plates produced at the Belgian NLMK Clabecq. NLMK South Africa will also make parts of these steels as per customers’ requirements.