Novolipetsk Steel (LSE: NLMK), the leading Russian steel producer, announces the results of voting on the resolution proposed at the Extraordinary General Meeting held on 29 September 2006.
NLMK’s Board of Directors approves key parameters of the second phase of the Technical Upgrading Program
The Board of Directors has approved the key parameters of the second phase of the Technical Upgrading Program, covering the period from 2007 to 2011. The Program was developed in accordance with the sustainable growth strategy of Novolipetsk Steel (LSE: NLMK), which is aimed at maintaining the Group’s position among the world’s most efficient steel companies.
The Board of Directors of Novolipetsk Steel, NLMK (LSE: NLMK), the leading Russian steel producer, today recommended for the approval of shareholders an interim dividend in respect of the first six months of 2006 of RUR 1.5 per ordinary share (1 Global Depositary Share = 10 ordinary shares).
OJSC Novolipetsk Steel (NLMK) (LSE: NLMK) today announces Q2 2006 Russian Accounting Standards (RAS) financial results for its major companies.
OJSC Novolipetsk Steel (LSE: NLMK), the Russian leading steel producer, today announced that it has listed its ordinary shares on the MICEX Stock Exchange (MICEX Quotation List “B”), Russia’s largest stock exchange.
OJSC Novolipetsk Steel (LSE: NLMK) today released the following regular trading update for Q2 2006.
NLMK Group (LSE: NLMK, MOEX: NLMK), a vertically integrated steelmaker, has published today its preliminary Q1 2019 operating results.
In 2018, NLMK Group sales grew to 17.6 m t, up 7% yoy. Steel output grew by 2% yoy to 17.5 m t. Steel capacity utilization rate was 99%.
In Q3 2018, steel output grew by 1% qoq to 4.4 m t (flat yoy); capacity utilization rate remained high at 99%. Group sales in Q3 2018 grew by 1% qoq to 4.4 m t (+4% yoy).
In Q2 2018, steel output grew by 1% to 4.38 m t (+6% yoy); capacity utilization rate grew by 1 p.p. qoq to 99%. Group sales in Q2 2018 totaled 4.38 m t (+6% qoq; +4% yoy).
In Q1 2018, steel output totaled 4.33 m t, flat qoq (+3% yoy). Capacity utilization rate grew by 3 p.p. to 99%. Group sales in Q1 2018 totaled 4.15 m t, which is 13% higher than in Q1 2017 (-5% qoq).
In 2017, NLMK Group steel output increased by 3% yoy to 17.1 m t. Group steelmaking capacities were running at 98%. NLMK Group sales in 2017 grew to 16.5 m t, which is 3% higher than in 2016.
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 was ranked first among Russian steelmakers in the Top 50 Green Energy Transition rating. In the overall rating NLMK Group was ranked among TOP 5. The ranking was compiled by RAEX-Europe, an independent rating agency.
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.
NLMK Group was included into the leading platinum group of best employers in Russia according to Forbes Magazine.
NLMK Group, a global steel company, has updated its industrial healthcare development strategy. The main objectives of the strategy include the development of the emergency aid system at the Company sites, digitalization of health check-ups, and reduction occupational disease levels.
NLMK Lipetsk has revamped its Blast Furnace No. 3 dedusting system, ensuring a dust capture rate of 99.9%. As a result of NLMK’s continuous environmental upgrades, all of its blast furnaces are now equipped with advanced dedusting systems that are on par with best global technologies.
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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