IR releases

NLMK Group, an international steel company, is pleased to announce that Expert RA has assigned it the credit rating of ruAAA with a stable outlook.

NLMK Group, a global steel company, has updated its industrial healthcare development strategy. The main objectives of the strategy include the development of the emergency aid system at the Company sites, digitalization of health check-ups, and reduction occupational disease levels.

NLMK Lipetsk has revamped its Blast Furnace No. 3 dedusting system, ensuring a dust capture rate of 99.9%. As a result of NLMK’s continuous environmental upgrades, all of its blast furnaces are now equipped with advanced dedusting systems that are on par with best global technologies.

NLMK Group, a global steel company, was ranked in the top 50 of the Best IT Employers in Russia, according to a rating compiled by Habr.ru, the largest resource for IT professionals, in partnership with ECOPSY, a HR consulting company.

NLMK Group, a global steel company, ranked first in the ESG rating by RAEX-Europe, an independent rating agency.

NLMK Group hereby informs that Expert RA has withdrawn NLMK’s credit rating following the expiration of the rating services agreement. NLMK Group plans to resume activities on initial credit rating assignment in the nearest future.

Novolipetsk Steel (LSE: NLMK) today released the following regular trading update for Q4 and FY2008. To view our production results, please, download:

Novolipetsk Steel (LSE: NLMK) today released the following regular trading update for Q3 2008. To view our production results, please, download:

Novolipetsk Steel (LSE: NLMK) today released the following regular trading update for Q2 2008. To view our production results, please, download:

Novolipetsk Steel (LSE: NLMK) today released the following regular trading update for Q1 2008. To view our production results, please, download:

Novolipetsk Steel (LSE: NLMK) today released the following regular trading update for Q4 2007 and FY 2007.

Novolipetsk Steel (LSE: NLMK) today released the following regular trading update for Q3 2007.

Loan participation notes issued by Steel Funding DAC (the “Issuer”) for the purpose of funding loans to Novolipetsk Steel (“NLMK”) due 15 June 2023, 21 September 2024, 30 May 2026 and 2 June 2026 (the “Notes”).

At NLMK Group’s Annual General Meeting of Shareholders held on 30 June 2022, NLMK shareholders resolved not to pay FY2021 dividends, following the recommendation of the Board of Directors.

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 (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.

At the Extraordinary General Meeting of Shareholder (EGM) held on 26 November 2021, NLMK shareholders approved the payment of Q3 2021 dividends of RUB 13.33 per share. The date upon which the shareholders entitled to Q3 2021 dividends will be determined was set as 7 December 2021

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.

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.

NLMK Group, an international steel company, is pleased to announce that Expert RA has assigned it the credit rating of ruAAA with a stable outlook.

NLMK Group hereby informs that Expert RA has withdrawn NLMK’s credit rating following the expiration of the rating services agreement. NLMK Group plans to resume activities on initial credit rating assignment in the nearest future.

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

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: NLMK, MOEX: NLMK), an international steelmaking company with operations in Russia, the USA, and the European Union, is pleased to inform you that it has published its 2022 financial calendar on its web-site. Please note that dates are preliminary and subject to change.