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Europe should temporarily suspend steel tariffs to help industry ...
Sun, 19 Sep 2021 00:00:00 GMT
Europe should temporarily suspend its tariffs on imported steel to head off shortages and avoid harmful effects on industry, Italian Industry Minister Giancarlo Giorgetti said on Friday. Asked if Rome planned to intervene in the 25% tariff scheme, Giorgetti said that Europe had prioritised the interests of the steelmakers during the health pandemic without realising this could have serious knock-on effects on supply. The situation is unsustainable this measure should be temporarily

NLMK continues repairs at one of steelmaking shops
Mon, 16 Aug 2021 00:00:00 GMT
Operation has been suspended at NLMK Lipetsk BOF Shop No. 2 to enable additional works on facilities that supply oxygen to the

Iron-ore prices starting to weaken, mine supply rising Fitch ...
Fri, 13 Aug 2021 00:00:00 GMT
The iron-ore price rally is finally starting to show signs of weakening, which will continue into coming months, says research agency Fitch Solutions. The agency explains that demand strength from Chinese steel producers witnessed in the first half of the year is stabilising as stimulus-related construction projects reach completion and the pipeline of new projects tapers off, setting iron-ore up for a multi-year downtrend in pricing from here on out. Fitch Solutions says the price of

Russias NLMK boosts net profit jump as steel prices rise
Fri, 23 Jul 2021 00:00:00 GMT
Russian steel producer NLMK on Thursday posted a jump in second-quarter net profit to $1.4 billion from $77 million a year earlier helped by rebounding demand and higher prices. NLMKs earnings before interest, taxation, depreciation and amortisation (EBITDA) rose to $2.1 billion from $582 million on revenue up 90% to $4.1 billion, it said. Steel prices rose across all of NLMKs key markets, reaching new highs in the United States and the European Union, Chief Financial Officer Shamil

NLMK Board of Directors approves new composition of Management ...
Thu, 22 Jul 2021 00:00:00 GMT
At a meeting held on 22 July 2021, the Board of Directors of NLMK Group approved the new composition of the Groups Management

NLMK Group to reduce dusting at Stoilensky tailings dam by 70%
Mon, 19 Jul 2021 00:00:00 GMT
Stoilensky Mining and Beneficiation Plant, an NLMK Group company, is currently implementing a project that will enable a dramatic reduction in dust formation at the tailings dam dry beaches, where empty rock is stored after ore

NLMK Group recognized at STAR 4.0 Digital Industrial Innovation ...
Thu, 08 Jul 2021 00:00:00 GMT
Two of NLMK Groups digital services took home awards at the STAR 4.0 Digital Industrial Innovation Competition, held by Siemens together with the organizers of the INNOPROM International Industrial Fair and IPWeek 2021, the International Productivity

NLMK starts building 64,000 mt/year Indian steel processing plant
Mon, 05 Jul 2021 00:00:00 GMT
Russian mining and steel company NLMK started construction work on its first steel processing plant in India, the company said July 1. The grain-oriented, or transformer, steel plant in the western state of Maharashtra is expected to come online in the first half of 2022 and will have a capacity to produce 64,000 mt/year

NLMK Group continues construction of GO steel plant in India
Thu, 01 Jul 2021 00:00:00 GMT
NLMK Group has commenced the installation of metal structures for a new grain-oriented steel plant in the Maharashtra state of

Payments to Governments Report 2020 related to mining operations
Mon, 28 Jun 2021 00:00:00 GMT
NLMK Group (LSE: NLMK), a global steel company, has published its Payments to Governments Report 2020 disclosing the respective payments related to extractive activities of the

NLMK closes its EUR 500 million 5-year Eurobond offering
Wed, 02 Jun 2021 00:00:00 GMT
NLMK (LSE: NLMK, MOEX: NLMK), a global steel company, today announces the closing of its EUR 500 million 5-year Eurobond placement with an annual coupon rate of 1.45%. Interest payments on the Eurobonds are payable

NLMK Group at Startup Village 2021
Tue, 25 May 2021 00:00:00 GMT
Grigory Fedorishin, NLMK Group CEO, and other company executives took part in Startup Village 2021, an international technology

Number of NLMK business news reports: 12
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