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Welcome to NLMK corporate news podcast! We created this opportunity to provide you an alternative and easy to use way to stay informed about NLMK and its performance. By subscribing to our podcasts you will be able to track recent developments in the company and the wider sector. Apart from the audio versions of the key releases that company’s publishes on its web-site, you may download the management answers to the questions coming from the investment community. If you need to get additiona ...
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In Q3, NLMK Group sales remained stable at 3.8 million tonnes (+0.2% q-o-q). NLMK grew its finished product sales in the domestic market to 1.283 million tonnes (+5% q-o-q), capitalising on demand from its key consumers, i.e. Russian construction and machine-building sectors. The share of domestic sales increased to 34% (+2 p.p.). As demand for fla…
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NLMK, the LSE-listed leading steel producer, today announces its consolidated US GAAP results for Q2 and 6 months of 2012. Despite challenging market conditions NLMK delivered a set of strong operating and financial results. s Q2 sales remained largely flat at 3.8 million tonnes. Q2 revenue grew by 5% q-o-q to US$3.3 billion, driven by the better p…
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In Q2, NLMK Groups steelmaking capacity utilisation rates continued to improve. Crude steel production amounted to 3.842 million t (+5.7% q-o-q), of which 93.6% was produced domestically. The production of finished steel increased to 4 million t (+7% q-o-q). Total sales remained largely in line with the previous quarters level at 3.8 million t (-1.…
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The Group's steel output increased 14% q-o-q to 3.6 million t, which corresponds to over 90% utilisation rate, as the new BF-7 at Novolipetsk (NLMK’s main production site in Lipetsk) gradually increased its capacity load and the second EAF at NLMK Long Products was re-launched following transformer repairs in January 2012. Total sales in Q1 2012 sa…
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The Board of Directors of NLMK has recommended that the General Shareholders' Meeting declare dividends for 2011 on ordinary issued shares in the amount of RUR2.0 in cash per ordinary share (1 GDS = 10 ordinary shares). Taking into account the previously paid interim dividends for the first half of 2011 of RUR1.40 per ordinary share, additional pay…
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Board of Directors of NLMK took the decision to hold the Annual General Shareholders' Meeting on 30 May 2012. The agenda for the AGM includes Approval of the Company's 2011 annual report; annual financial statements, including income statement; allocation of profit (including dividend declaration) for the financial year 2011; Election of members to…
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On the 5th of April NLMK published on its website forth quarter and 12 months 2011 Russian Accounting Standards financial results for its major Russian subsidiaries in accordance with Russian regulatory requirements. The Russian Accounting Standards results of NLMK Group's major Russian subsidiaries are not indicative of the financial condition or …
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On the 6th of March NLMK has commissioned a new 4 mtpy RH vacuum degasser intended for achieving high-quality of steel before casting at continuous casting machines at its main site in Lipetsk. Due to this project with the total investment of about RUR 3.9 bn the company's rolling assets in Russia and- Europe will be covered by high-quality slabs. …
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On the 6th of February 2012 NLMK proudly announced record results at its US based assets including NLMK Indiana which ended 2011 setting 10 new production records including record steel production of 675,000 cast tons achievmg a run rate of over 90%. Other US assets also delivered a strong set of results beating their previous records both in terms…
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In 2011 the Group’s revenue grew 40% to $11.7 billion driven by increased sales and a better product mix. At the same time our profitability was not immune to the overall deterioration in the steel market as the European financial crisis hit a new peak in H2 2011, and the Russian segment’s costs grew c.20%. Our EBITDA narrowed by 3% year-on-year an…
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Welcome to NLMK corporate news podcast! We created this opportunity to provide you an alternative and easy to use way to stay informed about NLMK and its performance. By subscribing to our podcasts you will be able to track recent developments in the company and the wider sector. Apart from the audio versions of the key releases that company’s publ…
…
continue reading
