At the Extraordinary General Shareholders’ Meeting (EGM) held on September 28 NLMK shareholders approved the payment of Q2 dividends of 5.24 rubles per share. The date upon which the shareholders entitled to Q2 dividends would be determined was set as October 12. H1 dividends will amount to 10.97 rubles per share. (NLMK/Ukrainian metal)
Alexei Yedapin, the chief specialist of NLMK, has analyzed the market of rolled sheet. In particular, in the segment of hot-rolled metal, under the pressure of the export situation, the prices grew considerably in H1. The imposition of protection measures by some countries, as well as the drop of the Turkish lira resulted in the…
In line with the intention of the shareholders of NLMK Belgium Holdings SA (NBH), NLMK Group has decreased its holdings in NBH through the sale of its 2% stake to THN, an NBH-affiliated company. These shares will be available for conversion into treasury shares for potential distribution in the context of long-term incentive program linked…
NLMK Group, an international steel company, has signed long-term strategic partnership agreements with the leading manufacturers of components for transformers: Enpay (Turkey), KRYFS (India) and National Material Company (NMC, USA). Under these long-term agreements, NLMK Group will regularly supply transformer steel from its production sites in Lipetsk and Yekaterinburg, and offer expanded technical support. The…
NLMK Group announces that Novex Trading S.A. has been renamed NLMK Trading. The name and corporate identity of the trading company that supplies NLMK products to the global market were aligned with NLMK Group’s brand. NLMK Group is the largest steelmaker in Russia and one of the most efficient in the world. (NLMK/Ukrainian metal)
NLMK Group, an international steel company, announces the appointment of Maxim Tevs as General Director of NLMK Engineering, one of the leading design companies in the Russian steel sector. In his new role, Tevs will focus on boosting the efficiency and quality of engineering activities, promoting the use of advanced design technologies, including Building Information…
NLMK Group, an international steel company, is pleased to announce that RAEX (Expert RA) has assigned it the highest credit rating of ruAAA with a stable outlook, making NLMK Group the first metals and mining company to be awarded the highest rating by the agency. The rating acknowledges the company’s high creditworthiness and financial reliability,…
In August NLMK shipped 986.6 thousand tons of metal via railroad, down by 9.4% YoY. In January-August sales increased by 1.1% YoY, to 8.5 million tons. Russian customers received 2.6 million tons, up by 6.3% YoY, while exports totaled 5.57 million tons, down by 1.4%. (Ukrainian metal)