Results of voting at the 2006 Annual General Meeting
OJSC Novolipetsk Steel (LSE: NLMK) is pleased to note today’s announcement that the Company’s Global Depositary Shares (GDSs) will be included in the Morgan Stanley Capital International (MSCI) Emerging Markets Index effective 31 May, 2006. As a result the pro-forma weight of NLMK GDS in the index will increase to 0.12%.
OJSC Novolipetsk Steel (NLMK) (LSE: NLMK) today announces Q1 2006 Russian Accounting Standards (RAS) financial results for its major companies.
OJSC Novolipetsk Steel (LSE: NLMK) today released the following regular trading update for Q1 2006.*
On April 17, 2006 a meeting of NLMK's Board of Directors has made a decision to conduct a General Shareholders' Meeting on June 6, 2006.
OJSC Novolipetsk Steel (NLMK), the LSE listed leading Russian steel producer, today announces its preliminary results for the year ended 31 December, 2005.
NLMK Group is pleased to announce Q3 and 9M 2014 NLMK Group Trading Update.
NLMK Group is pleased to announce Q2 2014 and H1 2014 NLMK Group Trading Update.
NLMK Group is pleased to announce Q1 2014 key operating highlights.
NLMK Group is pleased to announce NLMK Group Q4 and 12M 2013 Trading Update.
In Q3 2013, NLMK Group steel output grew by 3% to 3.897 m t, driven among other factors by a 0.1 m t increase in output at NLMK Kaluga. Q3 steel product sales totaled 3.719 m t (-1.4% q-o-q). Finished product sales grew by 5.5% q-o-q to 2.896 m t; their share in total sales growing 5 p.p. to 78%. Sales of value added products1 increased by 2.1% to 1.411 m t, accounting for c.50% of finished product sales.
In Q2 2013, NLMK Group steel output increased by 2.5% to 3.785 m t. Q2 steel product sales totaled 3.771 m t (+0.2%). Finished product sales grew by 6% q-o-q to 2.744 m t driven by the seasonal growth in demand from end consumers. The share of finished products in total sales exceeded 73%. Sales of value added products increased by 3.7% to 1.380 m t, accounting for c.50% of finished product sales.
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
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.
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 topped the Russian Business Leaders Awards organized by the Russian Union of Industrialists and Entrepreneurs, receiving recognition for its projects aimed at combatting COVID-19.
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, and Rosenergoatom (part of the Electric Power Division of Rosatom State Corporation), a leading Russian generation company, have signed a partnership agreement on low carbon power energy supplies.
NLMK Group, Belgorod Region administration and Russian Ministry of Industry and Trade sign MOI for new metals and mining project
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.
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