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Steel News: NLMK

NLMK Group news and business headlines

Russia: NLMK expects expenditures to exceed $900 million in 2020
Fri, 24 Jan 2020 00:00:00 GMT
Russian steelmaker Novolipetsk Steel (NLMK) expects its capital expenditures to exceed $900 million in 2020 with the exact figure to be clear in March, NLMK President Grigory Fedorishin announced on January 23 on the sidelines of the World Economic Forum. He confirmed the earlier plan of $1 billion in 2019 and about $900 million

NLMK raised sustainability linked loan
Wed, 22 Jan 2020 00:00:00 GMT
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 Companys sustainability

NLMK 2020 Financial Calendar
Tue, 14 Jan 2020 00:00:00 GMT
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

NLMK Group recognized as an energy efficiency leader in Russia
Fri, 13 Dec 2019 00:00:00 GMT
NLMK Group was ranked third in the Top 20 Energy Efficient Companies annual ranking, compiled by Expert RA based on performance data for 600 leading Russian

Russia: S&P improves outlooks for NLMK and MMK ratings to ...
Wed, 11 Dec 2019 00:00:00 GMT
International rating agency S&P has improved the outlook for the ratings of Russian steelmaker Novolipetsk Steel (NLMK) and Magnitogorsk Iron and Steel Works (MMK) to Positive from Stable, the agency said in a statement. The ratings were affirmed at BBB-. (Prime/Ukrainian

NLMK Group and Skolkovo Foundation sign cooperation agreement
Wed, 30 Oct 2019 00:00:00 GMT
NLMK Group and the Skolkovo Foundation have signed a strategic cooperation agreement on innovation.The Skolkovo Foundation will provide NLMK Group access to its project portfolio, including R&D in construction, advanced materials, coating processes, energy-efficient solutions and IT products, to enable NLMK to improve its production and business processes. The parties have also agreed on formats for expert and advisory support for relevant

NLMK supplies trial batch of pre-painted steel for LG household ...
Wed, 16 Oct 2019 00:00:00 GMT
NLMK Lipetsk, the flagship site of NLMK Group, has supplied a trial batch of pre-painted steel with improved coating quality to leading white goods manufacturer LG Electronics plant in Russia. NLMK steel will be used to make washing machine bodies. The trial batch has been successfully tested at LG Electronics RUS plant in the Moscow Region. A multi-stage quality assessment confirmed that the properties of steel and the quality of the coating as in line with LG Electronics RUS standards.

Stoilensky produces its 15-millionth tonne of pellets
Mon, 05 Aug 2019 00:00:00 GMT
Stoilensky, part of NLMK Group, has produced its fifteen-millionth tonne of pellets since the launch of its pelletizing plant. Launched in November 2016, the pelletizing plant has a design capacity of 6 million tonnes of pellets per year. In 2018, the plant reached the production capacity of 6.7 million tonnes of pellets (+12% yoy). In March Stoilensky signed a development contract with the Finnish company Outotec to increase the pelletizing plant's installed capacity by a third - from 6 to

Number of news reports: 8

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