NLMK Novolipetskiy Metallurgicheskiy Kombinat OAO

Type: Company
Name: NLMK Novolipetskiy Metallurgicheskiy Kombinat OAO (Novolipetsk Iron & Steel Corporation)
First reported 19 hours ago - Updated 14 hours ago - 2 reports

US flats mills attempt market turnaround with price increases

Tags: hrc , crc , flats , USA , China , Mexico , North America , NLMK , Severstal , ArcelorMittal , Nucor , production , consumption , steelmaking , trading , AK Steel , San Diego | similar articles »Essentially all US domestic flat rolled mills have ... [Published SteelOrbis - 14 hours ago]
First reported 18 hours ago - Updated 18 hours ago - 1 reports

NLMK appoint Mr Konstantin Lagutin as new VP for Investment Projects

NLMK, a leading global steel company, announce the appointment of Mr Konstantin Lagutin to the newly created position of VP for Investment Projects.The main priorities for the new manager will include general coordination of the company's investment activities ... [Published Steel Guru - 18 hours ago]
First reported 19 hours ago - Updated 19 hours ago - 1 reports

Price increase by US steel mills unlikely to stick - Credit Suisse

After US steel companies announced price increases in last few days, Credit Suisse thinks the full price hike is unlikely to stick.The firm believes that the sector's fundamentals suggest that steel stocks are likely to remain range bound this summer ... [Published Steel Guru - 19 hours ago]
First reported May 24 2013 - Updated May 24 2013 - 1 reports

Moscow Steel Summit – Russian Steel & Global Market: Looking into the Future

Location: Moscow organised by Eurasian Metals with support from CRURussia is often described as an ‘emerging market’ though compared with other BRICS countries its growth rate is lower. However Russia has already grown into the number one pipe consumer ... [Published Steel Times International - May 24 2013]
Entities: Steel, Moscow, Market
First reported May 24 2013 - Updated May 24 2013 - 1 reports

Russia stocks poised for biggest drop in 6 months on China

Russian equities fell for the first time in 5 days as crude oil tumbled and disappointing Chinese manufacturing data spurred declines in metal producers. Price swings on the benchmark gauge surged.The Micex Index decreased 2.2% to 1,416.13 in Moscow, ... [Published Steel Guru - May 24 2013]
First reported May 24 2013 - Updated May 24 2013 - 1 reports

NLMK Kaluga first billet to come out this week

It is reported that Russian NLMK?s hot testing products of the new 1.5 million tonne per year electric arc furnace will come out this week.The mill is expected to complete tests on the EAF soon and the associated the rebar/light sections mill in Octo ... [Published Steel Guru - May 24 2013]
First reported May 23 2013 - Updated May 23 2013 - 1 reports

NLMK sees increased steel product output in Jan-Apr

Tags: Russia , CIS , production , steelmaking , Dnepropetrovsk | similar articles »Russian steelmaker Novolipetsk Steel (NLMK) has stated that in May this year it plans to ship around 465,000 mt of flat steel products, up five percent compared to April, ... [Published SteelOrbis - May 23 2013]
First reported May 23 2013 - Updated May 23 2013 - 1 reports

NLMK Q1 2013 sales region

NLKM announced its Q1 2013 sales regionRegionQ1 2013Q4 2012Q3 2012Q2 2012Q1 2012Russia 1,3201,3171,2551,2031,100EU650597639754834Middle East incl Turkey360303270327379North America 482451493611629Asia and Oceania515508730549627Other regions4355024283 ... [Published Steel Guru - May 23 2013]
First reported May 23 2013 - Updated May 23 2013 - 1 reports

NLMK Q1 2013 outlook

The pickup in the European market driven by seasonal factors and the gradual recovery in the EU economy will positively impact on the Segment?s results in the near future.The Foreign Rolled Products Segment comprises steelmaking companies located outside ... [Published Steel Guru - May 23 2013]
First reported May 22 2013 - Updated May 22 2013 - 1 reports

TOPIC IN FOCUS: Steelmakers looking at tough year

As Russian steelmakers report on their Q1 results, it becomes increasingly apparent that the industry will be facing a challenging year and might not be able to match the results of 2012. The global metals industry was under pressure throughout 2012 from ... [Published Zecco - May 22 2013]
First reported May 20 2013 - Updated May 20 2013 - 1 reports

Rebar export shipments of NLMK’s long steel division down 98% in Jan-Apr

Tags: rebar , longs , Russia , CIS , Southeast Asia , NLMK , production , steelmaking , Dnepropetrovsk | similar articles »According to a company statement, in the January-April period of this year the long steel division of Russian steelmaker Novolipetsk ... [Published SteelOrbis - May 20 2013]
First reported May 20 2013 - Updated May 20 2013 - 1 reports

NLMK Q2 2013 outlook

NLMK said ?In Q2, revenue is expected to increase in the range of 2% to 3% QoQ, driven by the seasonal recovery of demand in Russia and the corresponding increase in prices for rolled steel in the region, as well as the time lag in the recognition of ... [Published Steel Guru - May 20 2013]

Quotes

"It’s really in doubt whether industrial production can expand faster than 2.5 percent without a change in the domestic economic environment" said Dmitry Savchenko, an analyst at Nordea Bank AB in Moscow. After the contractions earlier this year, Nordea’s forecast for a 1...
Grigory Fedorishin, Vice President for Finance and NLMK CFO, commented on the Q1 2013 results: "Q1'13 sales volumes went up by 2% qoq to 3.8 million t. NLMK's key steelmaking operations were running at close to maximum levels. We increased our sales of value added products with an 8% sequential growth in rolled steel sales that reached 2.6 million t. These factors were behind a 2% yoy growth in the sales revenue that reached $2.9 billion partially compensating for lower steel prices. EBITDA was lower by 18% qoq to $318 million pressured by lower selling prices while the prices for raw materials remained unchanged. EBITDA margin was 11%. "As the situation in the global steel markets remains challenging the management confirms its commitment to investment discipline and tight cost control across the entire value chain. Earlier this year we have adopted a management gains program to increase operational efficiency of upstream operations at our core site in Lipetsk. Expected costs savings in 2013 are $60 million with a targeted structural savings of $100 million per year without any additional capex required for this. Working capital management remains one of the priorities, and we have retained it stable despite growth in sales in Q1 2013."
"The investment case for the Russian utilities universe has now narrowed to this particular stock" Vladimir Sklyar, an analyst at Renaissance Capital, said in an e-mailed note, reiterating a buy recommendation
"The thrusters of the Progress M-19M cargo carrier are expected to fire at 6:21 a.m. Moscow time. The operation will continue for 903.6 seconds. The acceleration will be 1.6 meters per second" a Russian space rocket industry source told Interfax-AVN earlier

More Content

All (78) | News (68) | Reports (4) | Blogs (0) | Audio/Video (0) | Fact Sheets (6) | Press Releases (0)
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US flats mills attempt market turnaround with p... [Published SteelOrbis - 14 hours ago]
NLMK appoint Mr Konstantin Lagutin as new VP fo... [Published Steel Guru - 18 hours ago]
Nucor Sheet Mill Group sets new minimum base sp... [Published SteelOrbis - 19 hours ago]
Price increase by US steel mills unlikely to st... [Published Steel Guru - 19 hours ago]
Moscow Steel Summit – Russian Steel & Global Ma... [Published Steel Times International - May 24 2013]
Russia stocks poised for biggest drop in 6 mont... [Published Steel Guru - May 24 2013]
NLMK Kaluga first billet to come out this week [Published Steel Guru - May 24 2013]
Emerging Stocks Poised for Biggest Decline in 1... [Published Bloomberg - May 23 2013]
NLMK sees increased steel product output in Jan... [Published SteelOrbis - May 23 2013]
NLMK Q1 2013 sales region [Published Steel Guru - May 23 2013]
NLMK Q1 2013 outlook [Published Steel Guru - May 23 2013]
Russia Stocks Poised for Biggest Drop in 6 Mont... [Published Bloomberg - May 23 2013]
TOPIC IN FOCUS: Steelmakers looking at tough year [Published Zecco - May 22 2013]
Russian Industrial-Output Growth Probably Slowe... [Published BusinessWeek - May 21 2013]
Rebar export shipments of NLMK’s long steel div... [Published SteelOrbis - May 20 2013]
NLMK covered 3d coupon. [Published Ak - May 20 2013]
Russian Grids and Mechel on MSCI removal - Mosc... [Published Steel Guru - May 20 2013]
NLMK Q2 2013 outlook [Published Steel Guru - May 20 2013]
NLMK update on Steel Segment performance in Q1 ... [Published Steel Guru - May 20 2013]
NLMK investments Q1 2013 [Published Steel Guru - May 19 2013]
NLMK posts decline in net profit in Q1 [Published SteelOrbis - May 18 2013]
NLMK announces US GAAP results for Q1 of 2013 [Published Steel Guru - May 18 2013]
Friday, May 17, 2013 [Published Noodls - May 17 2013]
Russia Stocks Pare First Weekly Loss in Four as... [Published BusinessWeek - May 17 2013]
NLMK's net plunges in Q1 [Published Zecco - May 17 2013]
FTSE 100 modestly higher early on with Morrison... [Published Interactive Investor - May 17 2013]
Novolipetsk 1Q Net Profit Falls 78%, Sees Ongoi... [Published FOXBusiness.com - May 17 2013]
Yesterday in Brief for May 17, 2013 [Published Interfax - May 17 2013]
Novolipetsk 1Q Net Profit Falls 78%, Sees Ongoi... [Published 4 Traders - May 17 2013]
Novolipetsk Steel eyes Q2 profitability [Published MoneyAM - May 17 2013]
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