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.
Novolipetsk Steel (LSE: NLMK) today released the following regular trading update for Q2 2007.
Novolipetsk Steel (LSE: NLMK) today released the following regular trading update for Q1 2007.
Novolipetsk Steel (LSE: NLMK) today released the following regular trading update for Q4 2006 and FY 2006.
OJSC Novolipetsk Steel (LSE: NLMK) today released the following regular trading update for Q3 2006.
OJSC Novolipetsk Steel (LSE: NLMK) today released the following regular trading update for Q2 2006.
OJSC Novolipetsk Steel (LSE: NLMK) today released the following regular trading update for Q1 2006.*
NLMK (LSE: NLMK), a leading global steel company, informs that S&P has downgraded NLMK’s long-term credit rating from ВВВ- (negative outlook) to BB+ (stable outlook). The agency based its decision, among other factors, on the weakening prospects for global steelmaking and a conservative assessment of the country risk for Russia. At the same time, S&P also acknowledged NLMK’s sustainable business model and financial stability on a stand-alone basis, stating that the underlying business profile is in line with its criteria for an investment rating. S&P is also complimentary of NLMK’s conservative financial policy.
NLMK held its Annual General Meeting today. Shareholders voted to re-elect the Board of Directors; to confirm Oleg Bagrin as the Group’s President, and to approve dividend payments of RUB 0.62 per share.
NLMK has commissioned an 800 tpd lime kiln (256,000 tpy) for the production of metallurgical lime used in steelmaking. The new facility will increase the refractory shop’s productivity by almost 20% and will fully cover the Lipetsk site’s increased demand following the commissioning of new iron and steelmaking capacities in 2012.
NLMK, the LSE-listed leading steel producer, today announces its consolidated US GAAP results for Q1 2013.
NLMK (LSE: NLMK) announces its Q1 2013 Russian Accounting Standards (RAS) financial results for its major companies.
NLMK (LSE: NLMK), the LSE-listed leading Russian steel producer, today announces the Q4 2012 and FY 2012 Russian Accounting Standards (RAS) financial results for its major Russian companies.
NLMK Group utilizes secondary resources – steelmaking by-product gases – to reduce its fossil fuel consumption, cutting its annual greenhouse gas emissions by 3.5 million tonnes of СО2.
The project will enable a 10-fold decrease in air dust concentration in the working zone and halve gross atmospheric emissions. Investment in the project will total approximately RUB 700 million. All works are scheduled for completion by the end of 2021.
Stoilensky Mining and Beneficiation Plant, an NLMK Group company, is currently implementing a project that will enable a dramatic reduction in dust formation at the tailings dam dry beaches, where empty rock is stored after ore beneficiation.
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.
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, 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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