Russia: NLMK generates 96.5% of Lipetsk region exports

In January-September Lipetsk region foreign turnover increased by 42.5% YoY, to 3.4 billion rubles.

According to the local customs office, exports increased by 42.6%, to $2.8 billion, imports – by 42%, to $223 million.

NLMK ferrous metals accounted for 96.5% of the total exports. (Ukrainian metal)

Russia: Q3 2017 NLMK Group trading update

In July-September steel output grew to 4.4 million tons, by 6% QoQ and by 8% YoY, due to increased output at NLMK’s Russian divisions driven by the seasonal uptick in demand on the Russian market. Group sales grew by 1% both QoQ and YoY, to 4.24 million tons. Key growth factors: seasonal growth in demand…

Russia: EU duty not affecting NLMK

The EU fixed duties on Russian hot-rolled metal, imposed on October 7, could open new ways for NLMK to enter the markets of Turkey and Asia, as well as strengthen the position of its European works. In H1 NLMK Le Louviere (Belgium) produced 770 thousand tons of hot-rolled metal with the mill capacity of 2.5…

Russia: NLMK shareholders approve dividends for Q2 2017

At the Extraordinary General Shareholder Meeting (EGM) held on September 29, NLMK shareholders approved payment of Q2 dividends of RUB 3.20 per share.

The date upon which the shareholders entitled to Q2 dividends will be determined was set as October 12.

H1 dividends will amount to RUB 5.55 per share. (NLMK/Ukrainian metal)

Russia: NLMK-Kaluga produces 3 million tons of rolled metal

The new-generation electrometallurgical plant NLMK-Kaluga has produced the 3-millionth ton of rolled metal.

The company capacity is 1.5 million tons of steel and 0.9 million tons of rolled metal per year.

In just half a year after being put into operation the plant reached its maximum capacity. (Ukrainian metal)

Russia: NLMK to road show its eurobonds

NLMK is planning to start a road show with dollar-nominated eurobonds in USA and Europe on September 6. Meetings with investors will be held in London, Zurich, New York and Boston. J.P. Morgan, SG CIB, ING and UniCredit will act as organizers. Depending on the market situation NLMK intends to offer mid-term bonds to investors.…

Russia: NLMK Group among leading exponents of investor relations in European steel sector

NLMK Group, an international steelmaking company with operations in Russia, the European Union, and the USA, has been recognized as a leading exponent of investor relations among European steel companies by the European investment community. Ratings were compiled by IR Magazine based on an independent perception study among over 600 members of the European investment…

Russia: NLMK presents Quard wear-resistant steel

NLMK Group has participated in the 18th International Specialized Exhibition “Construction Machinery and Technologies/ STT 2017” in Moscow. There the group presented the premium wear-resistant steel of the Quard grade. KAMAZ presented dump trucks and truck bodies made of Quard450 steel. NLMK produces Quard steel at its NLMK Clabecq works in Belgium. The steel sheets…

Russia: NLMK Lipetsk upgrades hot-rolling operations

NLMK Group, an international steelmaking company with operations in Russia, the USA and the European Union, is upgrading hot-rolled steel production at the Lipetsk site: the plan is to install a new walking-beam reheating furnace to streamline the slab heating process. The new furnace will replace the outdated pusher-type furnaces currently operational at the facility.…

Russia: NLMK Group expands premium transformer steel portfolio

NLMK Group is bringing a series of new premium grade transformer steels to the global market. The new grades of steels are designed for manufacturers of energy-efficient transformers, including those featuring stranded magnetic conductors, that are cost-efficient and easy to manufacture, and are widely used in individual housing construction. Advanced grades of transformer steel, namely…