NLMK Group has begun hot testing of its accelerated cooling system at NLMK DanSteel's hot-rolling plate mill in Denmark. The new equipment will fundamentally change the company's product mix and increase the share of niche plate, including for offshore wind power generation and pressure vessels.
At a meeting held on 25 October 2018, NLMK Group’s (LSE: NLMK) Board of Directors recommended the Company’s shareholders approve payment of Q3’18 dividends of RUB 6.04 per share at the upcoming Extraordinary General Shareholder Meeting (EGM) which will be held on 21 December 2018.
NLMK Group is pleased to announce the appointment of Dmitry Kholkin to the newly created position of Vice President of Digital Transformation.
In Q3 2018, steel output grew by 1% qoq to 4.4 m t (flat yoy); capacity utilization rate remained high at 99%. Group sales in Q3 2018 grew by 1% qoq to 4.4 m t (+4% yoy).
The 25th International Sheet Metal Working Technology Exhibition EUROBLECH will open its doors again in Hanover, Germany.
NLMK Group has topped the ‘Best Freight Shipper’ nomination in the ‘Russian Railways – 15 Years Together’ Award.