IR releases
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 was included into the leading platinum group of best employers in Russia according to Forbes Magazine.
Novolipetsk Steel (“NLMK”) hereby informs the holders of the 4.00 per cent. loan participation notes due 2024 (ISIN: XS1577953174, US85812RAA77) (the “Notes”) that (i) on 21 September 2022 NLMK made the scheduled coupon payment to the holders of the Notes whose rights are recorded by Russian depositories, and (ii) on 26 September 2022 (having received the required authorization from the Ministry of Finance of Russia) NLMK transferred the amount equivalent to the balance of the coupon payment to the account of the Issuer of the Notes (Steel Funding D.A.C.) with the Principal Paying Agent (Deutsche Bank AG, London Branch), which was supposed to be on-transferred by the Principal Paying Agent to the international clearing systems for distribution to the holders of the Notes via these systems.
In Q3 2017, steel output increased by 6% qoq to 4.4 m t (+8% yoy); capacity utilization rate increased to 100%. NLMK Group sales grew by 1% qoq and yoy to 4.24 m t.
In Q2 2017, NLMK Group sales grew by 13% qoq and 5% yoy to 4.2 m t. Steel output** totaled 4.1 m t (-2% qoq), with facilities running at 98% capacity.
In 1Q 2017, NLMK Group sales grew by 1% qoq to 3.7 m t. Steel output* totaled 4.2 m t (flat qoq), with facilities running at 96% capacity.
In 2016, NLMK Group steel output* increased by 4% yoy to a record 16.6 m t; sales totaled 15.9 m t (stable yoy). Group steelmaking capacities in 2016 were running at 96%, up by 3 p.p. yoy. 4Q 2016 sales totaled 3.6 m t (-4% yoy); steel output grew by 8% yoy to 4.2 m t.
Q3 2016 NLMK Group sales increased 7% qoq to 4.2 m t. Steel output was 4.0 m t (-4% qoq). In 9M 2016 Group steel output and sales increased by 2% yoy to a record high 12.3 m t. 9M 2016 capacity utilization rate was up by 1 p.p. to 95%.
Q2 2016 NLMK Group steel output reached a record at 4.2 million tonnes, with capacity utilization growing to 100%. NLMK Long Products Division and NLMK Group’s foreign companies posted double-digit growth in output.
NLMK (LSE: NLMK) will be announcing its consolidated IFRS results for Q2 2021 on Thursday, July 22, 2021.
At the Extraordinary General Meeting of Shareholder (EGM) held on 11 June 2021, NLMK shareholders approved the payment of Q1 2021 dividends of RUB 7.71 per share.
At the Annual General Shareholders’ Meeting (AGM) held on 29 April 2021, NLMK shareholders approved the payment of FY2020 dividends of 21.64 rubles per share. Considering the previously paid interim dividends, the amount outstanding to be paid for Q4 2020 is 7.25 rubles per share.
NLMK Group (LSE: NLMK, MOEX: NLMK) increased its revenue by 20% qoq to $2.9 bn, EBITDA totalled $1.2 bn (+31% qoq), EBITDA margin increased to 41% (+4 p.p. qoq).
In Q4 2020, NLMK Group (LSE: NLMK, MOEX: NLMK) increased its revenue by 7% qoq to $2.4 bn with EBITDA reaching $890 m. At year-end, EBITDA amounted to $2.6 bn, gaining 3%, with EBITDA margin reaching 29% (+5 p.p. yoy).
At a meeting held on 11 February 2021, NLMK Group's (LSE: NLMK) Board of Directors recommended the Company's shareholders to approve Q4'20 dividends of RUB 7.25 per share.
NLMK Group, a global steel company, has been exploring potential avenues for cutting CO2 emissions as part of World Steel Association’s Step Up decarbonization programme.
NLMK Group, a global steel company, is proud to announce that Sustainalytics has upgraded its ESG risk rating to 28.1 (the lower the score, the better a company is at managing ESG matters). NLMK is currently ranked among the top 5 out of over 140 steel companies analyzed by Sustainalytics.
The newly elected Board of Directors of NLMK Group held its first meeting after the Annual General Shareholders’ Meeting. Vladimir Lisin was re-elected Chairman of the Board.
At the Annual General Shareholders’ Meeting (AGM) held on 29 April 2021, NLMK shareholders voted to confirm Grigory Fedorishin as the Group’s President and Chief Executive Officer; and to elect a new Board of Directors, with a majority of independent directors (six seats out of nine).
The World Steel Association (worldsteel) has named NLMK Group a Sustainability Champion. The title is awarded annually to steel companies that have proven their commitment to the principles of sustainable development, and is the main industry award in the field.
NLMK Group, a global steel company, has published its 2020 Annual Report on the UK National Storage Mechanism website.
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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