24 December 2019
NLMK Lipetsk, the flagship site of NLMK Group, has delivered a pilot batch of galvanized bake hardening (BH) steel to the Uzbekistan-Korean joint venture UzSungwoo.
Press releases
20 December 2019
At the Extraordinary General Shareholders’ Meeting (EGM) held on 20 December 2019, NLMK shareholders approved the payment of Q3’19 dividends of RUB 3.22 per share. The total amount of Q3’19 dividends payable to shareholders is equivalent to 124% of the Company's free cash flow based on its IFRS consolidated results for the corresponding period.
13 December 2019
NLMK Group was ranked third in the Top 20 Energy Efficient Companies annual ranking, compiled by Expert RA based on performance data for 600 leading Russian companies.
11 December 2019
International rating agency S&P Global Ratings has revised its outlook on NLMK Group’s long-term credit rating (investment grade BBB-) to positive from stable.
28 November 2019
NLMK Lipetsk, the flagship site of NLMK Group, has relaunched its Basic Oxygen Furnace No.2, a steelmaking facility with a capacity of over 3 million tonnes per year, following an overhaul. The launch of a new dust and gas collection system in line with Best Available Techniques (BATs) was tied in with the relaunch of the BOF.
5 November 2019
NLMK Lipetsk, the flagship site of NLMK Group, has relaunched Blast Furnace No.6 (BF-6) following a large-scale upgrade. The overhaul of Blast Furnace No.6 is one of NLMK Group’s Strategy 2022 key projects. As a result, the maximum output of the furnace increased by 8% to 3.4 million tonnes of pig iron per year. A new air treatment system captures 99.9% of dust particles, keeping residual dust content at the level of best available techniques (BAT) of 5 mg/m3.
31 October 2019
NLMK Group won the ‘Leader in Competitive Procurement’ award, topping the ‘Company of the Year’ nomination. The expert jury applauded the contribution of NLMK Group's procurement team to its procurement process development. Over the last five years, the Company has successfully implemented a Group-wide procurement information system that currently covers over 90% of NLMK Group's suppliers, and set up direct strategic partnerships with its key suppliers.
30 October 2019
NLMK Group and the Skolkovo Foundation have signed a strategic cooperation agreement on innovation.The Skolkovo Foundation will provide NLMK Group access to its project portfolio, including R&D in construction, advanced materials, coating processes, energy-efficient solutions and IT products, to enable NLMK to improve its production and business processes. The parties have also agreed on formats for expert and advisory support for relevant projects.
30 October 2019
NLMK Lipetsk, the flagship site of NLMK Group, has started commercial deliveries of S500MC and S550MC high-strength HRC (yield strength 500 and 550 MPa) to the Russian market. These steel products are used in the manufacture of dump truck bodies, scrap trucks, truck chassis, cranes and other special purpose machinery. The use of high-strength steel in structures enables a 20% increase in carrying capacity, reduced weight, and lower fuel consumption per tonne of cargo.
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