NLMK Group’s EBITDA (LSE, MOEX: NLMK) in Q2 2021 totalled $2.1 bn; EBITDA margin grew by 9 p.p. qoq to 50%. Free cash flow (FCF) reached $864 m. NLMK Group Board of Directors recommended approving Q2 2021 dividends in the amount of 13.62 RUB/share (127% of the FCF).
NLMK Group's Board of Directors recommended NLMK shareholders to approve Q2'21 dividend in the amount of RUB 13.62 per share at the Extraordinary General Shareholder Meeting (EGM) which will be held on 27 August 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 (LSE: NLMK, MOEX: NLMK) in Q2 2021 increased its sales by 11% qoq to 4.3 m t supported by a 5% qoq production growth. Sales to the Russian market increased by 8% qoq to 1.8 m t (+26% yoy).
NLMK (LSE: NLMK) will be announcing its consolidated IFRS results for Q2 2021 on Thursday, July 22, 2021.
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, the LSE-listed leading Russian steel producer, today released the following regular trading update for Q4 2011.
NLMK, the LSE-listed leading Russian steel producer, today released the following regular trading update for Q3 2011.
NLMK, the LSE-listed leading Russian steel producer, today released the following regular trading update for Q2 2011.
NLMK, the LSE-listed leading Russian steel producer, today released the following regular trading update for Q1 2011.
NLMK, the LSE-listed leading Russian steel producer, today released the following regular trading update for Q4 2010.
Novolipetsk Steel (LSE: NLMK) today released the following regular trading update for Q3 2010. To view our production results, please, download:
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's Board of Directors recommended NLMK shareholders to approve Q3'21 dividend in the amount of RUB 13.33 per share at the Extraordinary General Shareholder Meeting (EGM) which will be held on 26 November 2021.
NLMK Group’s EBITDA (LSE, MOEX: NLMK) in Q3 2021 increased by 11% qoq to $2.3 bn; EBITDA margin was 50%. Free cash flow (FCF) reached $1.1 bn. The Board of Directors recommended approving Q3 2021 dividends in the amount of 13.33 RUB/share (100% of the FCF).
NLMK Group, a global steel company, ranked first in the ESG rating by RAEX-Europe, an independent rating agency.
NLMK Lipetsk is implementing a project to support agriculture. Construction of dairy farming facilities carried out by the Company is nearing completion in the Tver, Kaluga, and Altai regions. The farms will boost the supply of organic milk by 180,000 tonnes per year.
NLMK Group, a global steel company, has implemented a new real-time system for air quality monitoring at NLMK Lipetsk and Stoilensky. The new equipment collects data for a more granular and reliable tracking of the sites’ environmental impact.
NLMK Lipetsk has commenced hot testing of new environmental protection equipment at its steelmaking operations. The new unit for gas dedusting with a capacity of 600,000 m3 per hour, will enable a five-fold reduction in dust emissions at the Mixer Section of BOF Shop No. 1.
NLMK Group, a global steel company, announces today that the FTSE Russel agency has revised NLMK’s FTSE4Good rating upwards from 3.4 to 4.3 (with a maximum of 5.0) following its regular review. With this new rating, NLMK Group now ranks among the top 3% of steelmaking companies with the most sustainable practices (outstripping 97% of participating companies)
NLMK Group, a global steel company, and Rusatom Overseas (part of ROSATOM State Corporation) have signed a cooperation agreement in the field of hydrogen production and the development of technologies for CO2 capture and utilization
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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