NLMK Group has won a Silver award at the international Step Two Intranet and Digital Workplace Awards 2019 for the launch of its Intranet portal which extends to all employees, promotes automation of business processes and enhances personnel engagement.
At an Annual General Meeting held on 11 June 2019 in Moscow, members of the Russian Steel Association re-elected the Chairman of the Board of Directors of NLMK Group Vladimir Lisin as their President. Mr. Lisin will preside over the Association for the next two years.
At the Extraordinary General Shareholders’ Meeting (EGM) held on 7 June 2019, NLMK shareholders approved the payment of Q1’19 dividends of RUB 7.34 per share, or 100% of the Company’s free cash flow according to NLMK Group’s consolidated statements prepared in accordance with IFRS.
NLMK’s carbon oxide (CO) emissions set to reduce by 3,000 tonnes per year, GHG (СО2) emissions set to reduce by 650,000 tonnes per year
NLMK (LSE: NLMK, MOEX: NMLK), the largest steel producer in Russia and a leading international steel company, rated BBB / stable (Fitch Ratings), Baa2 / stable (Moody’s), BBB- / stable (S&P Global) announced today the placement of 7-year $500 m Eurobonds with an annual coupon rate of 4.7% payable semi-annually.
NLMK Group has started hot testing at its briquetting plant, a facility to manufacture metallurgical briquettes for use in blast furnace operations. The project will enable the production of feedstock from blast furnace by-products, and the recycling of previously accumulated waste.