NLMK has commissioned a new grain-oriented electrical steel laser treatment unit with a capacity of 54,000 tonnes per year. This is NLMK Group’s fourth line for the production of steels with advanced magnetic properties.
NLMK Group, a global steel company, and Gazprom Neft, one of Russia’s largest oil companies, have signed a memorandum of cooperation to attain climate impact reduction goals.
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.
At the Extraordinary General Meeting of Shareholder (EGM) held on 27 August 2021, NLMK shareholders approved the payment of Q2 2021 dividends of RUB 13.62 per share. The date upon which the shareholders entitled to Q2 2021 dividends will be determined was set as 7 September 2021.
Operation has been suspended at NLMK Lipetsk BOF Shop No. 2 to enable additional works on facilities that supply oxygen to the shop.
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