NLMK has topped the ranking every month starting from October 2022.
NLMK Group was ranked among Top 20 Employers by HeadHunter. NLMK Group also came first in the HR Process Development Level rating and was included into Top 3 Best Employers among production companies.
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
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.
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 (LSE: NLMK) will be announcing its consolidated IFRS results for Q4 2021 on Thursday, February 03, 2022.
NLMK (LSE: NLMK) will be announcing its consolidated IFRS results for Q4 2020 on Thursday, February 11, 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, 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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