NLMK will construct another continuous-casting machine to replace the one, operating since 1976. SMS group will supply all the necessary machinery. The capacity of the new CCM will be 2 million tons per year. The new machine will allow NLMK producing billets with the thickness of 400 mm and width of 2800 mm. The CCM…
In April railroad sales of rolled metal by NLMK to Russian customers and abroad reached 1.08 million tons, down by 9.8% MoM, but up by 5.5% YoY. In March the results were +19.2% and +3.4%, while in February –11.4% and +2.3% respectively. In January-April the company shipped 4.4 million tons of metal, up by 4.1%…
In April railroad deliveries of rolled metal produced by NLMK to domestic customers and abroad totaled 1.08 million tons, down by 9.8% MoM, but up by 5.5% YoY. In March the results were +19.2% and +3.4%, while in February –11.4% and +2.3% respectively. In January-April the company shipped 4.4 million tons of metal, up by…
NLMK Group, a global steel company, announces that Sergey Karataev has decided to step down as NLMK Group’s Acting CFO. He has decided to continue his professional growth beyond the financial function as First Deputy General Director of Freight One (PGK), NLMK Group’s affiliate. NLMK Group is currently considering candidates for the CFO role. Details…
NLMK Group, a global steel company, has appointed Dmitriy Kolomytsyn Director, IR & Capital Markets. Kolomytsyn previously held the position of Head of Corporate Development. Sergey Takhiev, who previously headed NLMK Group’s Investor Relations, has decided to continue his professional growth in another company. Dmitriy Kolomytsyn joined NLMK Group in 2016. As Head of Corporate…
Novolipetsk Iron and Steel Works has started the program to replace the locomotive fleet, under which the company has already received 3 new TEM9 locomotives. Such machines have not previously been used by the company. They will replace the outdated TEM1 locomotives. In the next 5 years NLMK railroad fleet will get 27 new locomotives,…
NLMK might be forced to shut down its American business, if US does not exclude the slabs from the list of goods affected by the duties. In March NLMK USA submitted a claim to the Department of Trade to exclude the slabs from the list. It claims that it will have to import slabs in…
At a meeting on April 27 the Board of Directors of NLMK Group, an international steel company with operations in Russia, the US and the EU, approved the new composition of the Group’s Management Board as follows. The new Management Board is: Grigory Fedorishin – President (Chairman of the Management Board), Mikhail Arkhipov – Vice…