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| Exchange | LSE |
|---|---|
| CurrencyCode | USD |
| Sector | Materials |
| Industry | Metals & Mining |
| ISIN | US67011E2046 |
| Market Cap | None |
|---|---|
| PE Ratio | None |
| Target Price | 26.13 |
| Beta | nan |
| Dividend Yield | None |
Novolipetsk Steel, together with its subsidiaries, manufactures and sells steel products. It operates in six segments: Mining, Russian Flat Products, Russian Long Products, NLMK USA, NLMK DanSteel and Plates Distribution Network, and Investments in NBH. The Mining segment mines, processes, and sells iron ore, fluxing limestone, and metallurgical dolomite, as well as supplies raw materials to the steel segment and third parties. The Russian Flat Products segment produces and sells coke and steel products, such as pig iron, steel slabs, hot rolled steel, cold rolled steel, galvanized cold rolled sheets, and cold rolled sheets with polymeric coatings, as well as electro-technical steel. The Russian Long Products segment produces long products, reinforcing rebars, and metalware from scrap iron collection and recycling. The NLMK USA segment produces and sells steel products in the United States. The NLMK DanSteel and Plates Distribution Network segment produces and sells steel plates in Europe and internationally. The Investments in NBH segment produces hot rolled, cold rolled coil, plate, and galvanized and pre-pained steel products. The company's products are used in oil and gas infrastructure, automotive industry, trucks, railroad transportation, mining machinery, agriculture machinery, shipbuilding, construction, white goods, energy equipment, and special equipment applications. It has operations in Russia, the European Union, the Middle East, Asia, Oceania, North America, and internationally. The company was founded in 1931 and is based in Lipetsk, Russia. Novolipetsk Steel is a subsidiary of Fletcher Group Holdings Limited.
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