NLMK Metalware, a leading fastener manufacturer in Russia, has launched a new production line with a capacity of 3,400 tonnes of self-tapping screws per year. The launch of the new facility will enable the Company to expand its presence in the Russian fastener market, primarily through import replacement.
NLMK Group, a global steelmaking company, is pleased to announce that is has amended the terms for its EUR 250 m revolving credit facility. The financing costs of the facility will now be linked to the Company’s sustainability performance
NLMK Group (LSE: NLMK, MOEX: NLMK) has published today its Q4 2019 and 12M 2019 operating results. Steel output increased by 1% qoq to 3.8 m t, following the completion of major repairs at NLMK Lipetsk blast furnace and steelmaking operations. NLMK Group sales grew by 4% qoq to 4.2 m t.
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 2020 financial calendar on its web-site.
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.
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.