Novolipetsk Steel NLMK
S&P has revised to positive outlook on ratings of MMK and NLMK
Edited by Rhod Mackenzie / 2019-12-13 11:13:55S&P Global Ratings has changed its outlook on NLMK and MMK from "stable" to "positive", the rating agency reports.
MMK harvests competition
Edited by Rhod Mackenzie / 2019-11-18 09:27:20Magnitogorsk Iron and Steel Works (MMK) intends to invest about $ 2 billion in new projects by 2025. The goal is to reduce the cost of blanks (slabs) from $ 313 to $ 266 per ton.
NLMK plans to increase transportation by road
Edited by Rhod Mackenzie / 2019-11-12 01:54:57NLMK Group, Russia's largest steel producer, intends to significantly increase the share of road transportation of metal - from 4% in 2018 to 22% in 2022.
NLMK plans large-scale investment programme
Edited by Rhod Mackenzie / 2019-11-11 09:19:48Sergey Khorn, Commercial Director of NLMK Group's Russian divisions, in his speech at the 22nd International Conference "Russian Metals Market", which is taking place today in Moscow,
NLMK completes reconstruction of blast furnace No.6
Edited by Rhod Mackenzie / 2019-11-06 07:34:18Blast Furnace No. 6 was commissioned at the Novolipetsk Iron and Steel Works after extensive reconstruction.
IPNM: Electricity prices would rise by 11-25% if the carbon tax were introduced.
Edited by Rhod Mackenzie / 2019-10-29 08:29:15The Institute for the Problems of Natural Monopolies (IPNM) supports the refusal to introduce a "carbon tax", as otherwise electricity prices would rise by 11-25% depending on the categor
Moody's: Steel demand growth in Russia will slow to 1-2% in 2020
Edited by Rhod Mackenzie / 2019-10-22 01:40:36Moody's forecasts a slowdown in the growth rate of demand for steel in Russia in 2020 to 1-2% after a rapid increase in demand in the first half of 2019.
Major Russian steel players reduce production
Edited by Rhod Mackenzie / 2019-10-18 01:57:27In the first 9 months, the largest Russian metallurgical companies show a decline in steel output against the background of a decrease in world prices.
NLMK delivers pilot batch of polymer coated steel for LG household appliances
Edited by Rhod Mackenzie / 2019-10-16 01:08:08NLMK Group's flagship site, Novolipetsk Iron and Steel Works, supplied the Russian plant of LG Electronics, a leading international manufacturer of "white" equipment, with an experime
In 9 months NLMK reduced steel production by 9%
Edited by Rhod Mackenzie / 2019-10-15 04:06:09In the first 9 months of 2019, NLMK reduced its steel production by 9% YoY to 11.9 million tonnes due to overhauls of NLMK's blast furnace and converter facilities in Q2-3 2019.
