Russia, Novolipetsk Steel NLMK
Bloomberg reports that president of NLMK O.Bagrin noted that NLMK was studying the possibility of purchasing rolling capacities abroad, primarily in developed markets.
NLMK Group studies the possibility of purchasing rolling capacities abroad, primarily on developed markets.
Novolipetsk Iron and Steel Corporation intends to increase annual steel production.
During the meeting on March 3, the NLMK's Board of Directors recommended shareholders to approve dividends for the IV quarter of 2016 in the amount of 3.38 rubles per share, the company informs
Net profit of NLMK fell by 3% in 2016 – to $935 mln against 2015.
The revenue of NLMK dropped by 5% to $7.64 bln, is said in the IAS report.
US companies of the NLMK Group - NLMK Indiana, NLMK Pennsylvania, Sharon Coating and NLMK North America Plate - have attracted a loan in the amount of $250 million, the company informs.
In 2016, the railway shipments of rolled steel from NLMK-Ural (Nizhny Sergi, Sverdlovsk region) to the domestic market and exports made up 1.14 million tons.
In 2016, the railway shipments of rolled steel from NLMK-Kaluga (Kaluga region, a part of the NLMK’s bar section division Russia) to the domestic market and exports made up 1.11 million tons.
Altai-Koks (in the structure of NLMK) in 2016 produced about 4.06 mln tons of dry coke, that is by 0.7% higher than in 2015.
In 2016 steel production of NLMK group rose by 4% y-o-y to 16.6 mln tons, sales made up 15.9 mln tons. The loading of capacities of NLMK group in 2016 rose by 3% y-o-y to 96%.