6 August 2020
NLMK Lipetsk, the flagship site of NLMK Group, has introduced a digital service at its sintering operations to ensure the stable chemical composition of raw materials to reduce the level of fuel consumption for pig iron production.
5 August 2020
NLMK La Louvière, an NLMK Group company and one of the leading strip product manufacturers in Belgium, has introduced a digital inventory management solution, which enables the company to minimize warehouse stock levels and ensure uninterrupted order fulfilment. Since the start of system testing in April, stock turnover for the most in-demand feedstock product (steel slabs) improved by 30%.
4 August 2020
NLMK DanSteel, NLMK Group’s plant in Denmark, has supplied its heavy plate for the Wind Float Atlantic project. Wind Float Atlantic is the first semi-submersible floating wind farm in the world located off the north coast of Portugal. NLMK DanSteel’s high-quality steel heavy plates are used in the production of floating platforms and foundations.
3 August 2020
At NLMK Lipetsk, start-up is underway at a new facility for the production of steel products, a continuous casting machine (CCM-9).
31 July 2020
Altai-Koks, a leading Russian manufacturer of metallurgical coke and an NLMK Group company, has begun hot testing of a coal stamp charging unit at an operational coke battery. The introduction of stamp charging will boost coke quality, reduce the cost of its production, and improve the environmental footprint of operations.
30 July 2020
NLMK Group, an international steel company, set a record in steel product export transshipments in June. NLMK shipped 1.2 m t of steel, which is 65% higher than the average monthly export volume and 0.3 m t higher than the previous record set in December 2018. High shipment levels were enabled by the supply chain optimization programmes.
24 July 2020
NLMK Group, an international steelmaking company, has completed a follow-up audit of its management systems in the areas of environmental protection, occupational health and safety, and energy efficiency. Amid the COVID-19 pandemic, the British Standards Institution (BSI) conducted the audit online.
23 July 2020
NLMK Group's Board of Directors recommended NLMK shareholders to approve Q2'20 dividend in the amount of RUB 4.75 per share at the Extraordinary General Shareholder Meeting (EGM) which will be held on 25 September 2020.
23 July 2020
NLMK Group (LSE, MOEX: NLMK) Q2 2020 EBITDA was $582 m, its EBITDA margin growing by 3 p.p. qoq to 27%. Free cash flow (FCF) totalled $304 m. NLMK Board of Directors recommended approving Q2 dividends in the amount of RUB 4.75/share (132% of FCF).
Calendar of events