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  • Company Name

    Novolipetsk Steel (NLMK)

  • Company Introduction: Novolipetsk Steel or NLMK, is one of the four largest steel companies in Russia with sales of more than US$11.7 billion in 2008 and 9.2 million tonnes of steel output. NLMK's share of domestic crude steel production was about 13% in 2007. It primary produces flat steel products, semi-finished steel products and electrical steels. It is a global slab and grain-oriented steel market leader, with c.13% and 20% global market shares, respectively.
  • Company Logo: Novolipetsk Steel (NLMK)
  • Local Company Name: Новолипецкий металлургический комбинат (НЛМК)
  • Country: Russia.htmlRussia
  • State/Region: Lipetsk Oblast
  • City: Lipetsk
  • Zip/Postal Code: 398040
  • Street: 2 pl. Metallurgov
  • Phone: +7 (4742) 440 097
  • Fax: +7 (4742) 444 967
  • Company Email:
  • Company Web Site: http://www.nlmksteel.com
  • Year Company Registered: 1993 Year
  • Number of Employees in the Company: Above 5,000 People
  • Annual Sales Value: Above US$500 Million
  • Crude Steel Output per 2010 year: 11,900,000 MT
  • Crude Steel Output per 2009 year: 11,300,000 MT
  • Export Percentage: 51% - 60%
  • Type of Business: Manufacturer / Mill / Factory
  • Company Certification: ISO 9001:2000
  • Date of Publication: 12 May 2010
  • Company Location:
  • Company Video (Youtube, Youku):
  • Company Description:

    Currently Novolipetsk Steel (NLMK) is one of the world's most profitable steel companies per tonne of production and by far the most profitable steel-making company in Russia with a 2007 Ebitda margin of 44%.

    NLMK's assets are technically advanced and on par with its global peers. NLMK is fully self-sufficient in iron-ore through its 97% stake in Stoilensky GOK, Russia's 3rd-largest iron ore producer.

    In December 15 2005 the company listed 42 million (8.3% of the total number of shares) of its Global Depositary Shares (GDSs) on the London Stock Exchange. Each GDS represents 10 ordinary shares.

    In June 2006 NLMK altered its dividend policy and increased its target payout ratio from 15% to 20% of its net income under US GAAP. The company pursues the goal of bringing its total dividends over five-year period to 30%.

      • Novolipetsk steel (nlmk) Country

        No Country Name Capital Region Surface Area Population
        1 Russia Moscow Eastern Europe 17,075,400 km² 146,934,000 people
        Total: 1 record     Go Countries »


      Review Summary for   Novolipetsk Steel (NLMK) - Russia

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