NLMK Group has delivered its first batch of high-strength Quend 1100 steel to Liebherr, one of the world's largest manufacturers of construction machinery.
Stoilensky has produced its fifteen-millionth tonne of pellets since the launch of its pelletizing plant. Launched in November 2016, the pelletizing plant has a design capacity of 6 million tonnes of pellets per year. In 2018, the plant reached the production capacity of 6.7 million tonnes of pellets.
NLMK Group (LSE: NLMK, MOEX: NLMK), a vertically integrated steelmaker, has published today its Q1 2019 financial results.
The newly elected Board of Directors of NLMK Group held its first meeting. Vladimir Lisin was re-elected as Chairman of the Board.
At a meeting held on 19 April 2019, NLMK Group’s Board of Directors recommended the Company’s shareholders to approve payment of Q1’19 dividends of RUB 7.34 per share at the Extraordinary General Shareholder Meeting (EGM) which will be held on 7 June 2019.
At the Annual General Shareholders’ Meeting (AGM) held on 19 April 2019, NLMK shareholders voted to confirm Grigory Fedorishin as the Group’s President and Chief Executive Officer; and to elect a new Board of Directors, with a majority of independent directors (five seats out of nine).