NLMK Group, the Ministry of Natural Resources and the Environment of the Russian Federation, the Federal Supervisory Natural Resources Management Service (Rosprirodnadzor) and the Administration of the Lipetsk Region have signed a four-way Cooperation Agreement in sustainable development.
NLMK Group has started hot testing at its briquetting plant, a facility to manufacture metallurgical briquettes for use in blast furnace operations. The project will enable the production of feedstock from blast furnace by-products, and the recycling of previously accumulated waste.
NLMK (LSE: NLMK, MOEX: NMLK), the largest steel producer in Russia and a leading international steel company, rated BBB / stable (Fitch Ratings), Baa2 / stable (Moody’s), BBB- / stable (S&P Global) announced today the placement of 7-year $500 m Eurobonds with an annual coupon rate of 4.7% payable semi-annually.
Stoilensky has produced its fifteen-millionth tonne of pellets since the launch of its pelletizing plant. Launched in November 2016, the pelletizing plant has a design capacity of 6 million tonnes of pellets per year. In 2018, the plant reached the production capacity of 6.7 million tonnes of pellets.
NLMK Group has delivered its first batch of high-strength Quend 1100 steel to Liebherr, one of the world's largest manufacturers of construction machinery.
NLMK Group (LSE: NLMK, MOEX: NLMK), a vertically integrated steelmaker, has published today its Q1 2019 financial results.