NLMK Group CEO Oleg Bagrin, Head of Lipetsk Region Administration Oleg Korolev, and Head of Lipetsk Sergey Ivanov were the guests of honor at the Time Capsule Ceremony held 7th of November, 2017 at the site of the future NLMK Corporate University.
At a meeting held on 27 October 2017, NLMK Group’s (LSE: NLMK) Board of Directors recommended the Company’s shareholders to approve payment of Q3’17 dividends of RUB 5.13 per share at the upcoming Extraordinary General Shareholder Meeting (EGM) which will be held on 22 December 2017.
In Q3 2017, steel output increased by 6% qoq to 4.4 m t (+8% yoy); capacity utilization rate increased to 100%. NLMK Group sales grew by 1% qoq and yoy to 4.24 m t.
Dr. Bruno Charles De Cooman, NLMK Group Vice President for Research and Development, has been awarded the prestigious Adolf Martens Memorial Steel Lecture for his research into the properties of ultrahigh-strength steels.
NLMK (LSE: NLMK), the largest steel producer in Russia and a leading international steel company, today announces the closing of its U.S.$500 million 7-year Eurobond placement with an annual coupon rate of 4.00%. Interest payments on the Eurobonds are payable semi-annually.