IR releases

OJSC Novolipetsk Steel (NLMK), the LSE listed leading Russian steel producer, today announces its preliminary results for the year ended 31 December, 2005.

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) will be announcing its consolidated IFRS results for Q3 2020 on Wednesday, October 21, 2020.

At the Extraordinary General Shareholders’ Meeting (EGM) held on 25 September 2020, NLMK shareholders approved the payment of Q2’20 dividends of RUB 4.75 per share. 6M’20 dividends will amount to RUB 7.96 per share.

NLMK Group's Board of Directors recommended NLMK shareholders to approve Q2'20 dividend in the amount of RUB 4.75 per share at the Extraordinary General Shareholder Meeting (EGM) which will be held on 25 September 2020.

NLMK Group (LSE, MOEX: NLMK) Q2 2020 EBITDA was $582 m, its EBITDA margin growing by 3 p.p. qoq to 27%. Free cash flow (FCF) totalled $304 m. NLMK Board of Directors recommended approving Q2 dividends in the amount of RUB 4.75/share (132% of FCF).

NLMK (LSE: NLMK) will be announcing its consolidated IFRS results for Q2 2020 on Thursday, July 23, 2020.

At the Extraordinary General Meeting of Shareholder (EGM) held on 30 June 2020, NLMK shareholders approved the payment of Q1 2020 dividends of RUB 3.21 per share.

NLMK Group, a global steel company, will be participating in the 26th United Nations Climate Change Conference (COP26). From 31st October to 12th November 2021, world leaders and business representatives will meet in Glasgow to discuss programmes aimed at reducing greenhouse gas emissions, green financing, and global carbon market development.

NLMK Lipetsk has embarked on stove overhauls at Blast Furnace No. 4 with a capacity of 2.1 million tonnes of pig iron per year. The project will enable a 98% reduction in carbon oxide (CO) emissions.

International audit firm Deloitte has verified NLMK Lipetsk’s 2020 greenhouse gas emissions data in line with the methodology used in the EU.

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 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, 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.