IR releases
Considering the analysis of Q1 2022 performance and trends on the ferrous metallurgy market in early Q1 2022, the 2022 output of Russian ferrous metallurgy companies is expected to decrease year-on-year by more than 11 m t (-15%). The maximum decrease is expected in H2 2022, over 9 m t (-26%) vs. H2 2021
At a meeting held on 6 June 2022, NLMK Board of Directors annulled its resolution adopted on 2 February 2022 regarding the amount of Q4 2021 dividends (RUB 12.18 per share) and recommended shareholders not to pay out dividends for the period.
NLMK Group announces that Fitch Ratings has downgraded NLMK Group’s long-term foreign-currency issuer default rating from BBB (stable outlook) to B (rating watch negative). The rating action follows the agency’s downgrade of Russia’s sovereign ratings on 2 March 2022.
NLMK Group (LSE, MOEX: NLMK) reports that in Q4 2021 its EBITDA1 totalled $1.8 bn, with EBITDA margin reaching 38%. Free cash flow (FCF) reached $0.8 bn. The Board of Directors recommended approving Q4 2021 dividends in the amount of 12.18 RUB/share (113% of FCF).
At a meeting held on 2 February 2022, NLMK Group's Board of Directors recommended NLMK shareholders to approve Q4'21 dividends in the amount of RUB 12.18 per share.
In Q4 2021, NLMK Group (LSE: NLMK, MOEX: NLMK) increased sales by 8% qoq to 4.5 m t as output grew by 16% qoq to 4.5 m t.
NLMK Group sales in Q1 2016 increased by 7% qoq to 4.0 mln tonnes. Steel production increased by 3% qoq to 4.0 mln tonnes. Capacity utilization rates at NLMK Group exceeded 90%.
NLMK Group is pleased to announce its Q4 2015 and 12M 2015 operating results.
NLMK Group is pleased to announce its Q3 2015 and 9M 2015 operating results. годовом собрании избрали новый Совет директоров,увеличив число независимых членов
NLMK Group is pleased to announce its Q1 2015 Trading Update
NLMK Group is pleased to announce its Q1 2015 Trading Update.
NLMK is glad to announce Q4 and 12M 2014 NLMK Group Trading Update
At NLMK Group’s Annual General Meeting of Shareholders held on 30 June 2023, NLMK shareholders resolved not to pay FY2022 dividends, following the recommendation of the Board of Directors.
Novolipetsk Steel (NLMK) is pleased to announce that on 9 June 2023 Deutsche Bank Trust Company Americas (the “Depository Bank”) resumed the conversion of Regulation S and Rule 144A global depositary receipts (ISINs US67011E1055 and US67011E2046) into ordinary shares.
At an Extraordinary General Meeting held on 31 December 2022, NLMK shareholders did not approve the payment of 9M 2022 dividends recommended by the Board of Directors.
Novolipetsk Steel (NLMK) announces the termination of its depositary receipt programme for common shares due to the decision by Deutsche Bank Trust Company Americas (Depositary Bank) to terminate the deposit agreement effective on 18 January 2023
The Board of Directors recommended shareholders to consider the payment of 9M 2022 dividends in the amount of RUB 2.6 per share
NLMK Group, a global steel company, ranked first in the sustainable development rating for Russian steelmaking companies compiled by RAEX-Europe. This rating assesses the leading Russian companies in the industry based on their 2019 performance.
In order to reduce the spread of the coronavirus pandemic (COVID-19) and in line with the new provisions of Russian laws stipulating the possibility of holding Annual General Shareholders’ Meetings in 2021 by absentee voting, NLMK’s Board of Directors has resolved to hold the NLMK AGM on 2020 results on April 29, 2021 in the format of absentee voting. The list of persons eligible to participate in the AGM will be settled based on the Shareholder Register as on 5 April 2021.
NLMK Group has improved its standing in the World Wildlife Fund (WWF) Russia and National Rating Agency’s Environmental Transparency Rating of Mining & Metals Companies. NLMK ranked sixth, improving its standing by three positions compared to 2019.
NLMK Group, a global steel company, was ranked among Top 5 most competitive global steel companies in the Global Steel Competitiveness Ranking, established by World Steel Dynamics (WSD), a global research institution for the steel industry.
NLMK Group, a global steel company, is pleased to announce that its SAM S&P Global (formerly RobecoSAM) integrated sustainability score was raised from 33 to 45 points year-on-year as part of a regular review process.
NLMK Group is committed to continue reducing its greenhouse gas emissions in the period leading up to 2023, while growing steel production at the same time. Its target specific emission level will be 1.91 tonnes of СО2 per tonne of steel, compared to 1.98 tonnes in 2019* (a 3.5% reduction).
NLMK Lipetsk has commissioned a 10,000 m2 automated warehouse complex as part of its efforts to boost the efficiency of its production processes. The complex will enable 24/7 supply of spare parts, components, and consumables to repair shops, reducing internal order completion time by a factor of four.
NLMK Group, a global steel company, the Belgorod Region administration, and the Russian Ministry of Industry and Trade have signed a Memorandum of Intent for a project to construct a new metals and mining facility at the Stoilensky Mining and Beneficiation plant.
Institutional Investor, a leading global finance magazine, has recognized NLMK Group (LSE: NLMK) as the leader in investor relations, with the highest rating among 350 companies from developing countries in the EMEA region (Europe, the Middle East, and Africa).
NLMK Group (LSE: NLMK), a global steel company, has published its Payments to Governments Report 2020 disclosing the respective payments related to extractive activities of the company.
NLMK (LSE: NLMK, MOEX: NLMK), a global steel company, today announces the closing of its EUR 500 million 5-year Eurobond placement with an annual coupon rate of 1.45%. Interest payments on the Eurobonds are payable annually.
NLMK Group has ranked among the top 10 steel companies globally in the 2021 Value Creators Rankings compiled by Boston Consulting Group (BCG) on the basis of total shareholder return (TSR) over the previous five-year period from 2016 through 2020.
NLMK Indiana and NLMK Pennsylvania (hereinafter referred to as NLMK USA), NLMK Group’s American division companies, have reached an amicable settlement with the United States Government resolving NLMK’s lawsuit challenging the Department of Commerce’s denial of NLMK’s requests for exclusion from Section 232 steel tariffs.
NLMK Group signed a 4-year syndicated revolving credit facility (RCF) with a group of international banks in the amount of €600 m, with an accordion option allowing the Company to increase the funding limit to €1 bn.
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