OJSC Novolipetsk Steel (LSE: NLMK) today released the following regular trading update for Q2 2006.
OJSC Novolipetsk Steel (NLMK), the LSE listed leading Russian steel producer, today announces its consolidated results for the 1st Quarter 2007.
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.*
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) announces its Q2 2013 Russian Accounting Standards (RAS) financial results for its major companies.
Starting from 8 July 2013, NLMK ordinary shares will be included into the list of 50 most liquid securities from Russian issuers admitted to trading on the Moscow Exchange in the T+2 market.
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 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 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 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.
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.
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.
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