Fire of fuel tank kills 123 people in Pakistan - TVWorld June 25, 7:58
Muslims worldwide celebrate Eid al-FitrSociety & Culture June 25, 5:18
Mexico knocks out Russia from FIFA Confederations Cup with 2-1 win in KazanSport June 24, 19:59
Putin visits Crimean youth camp ArtekSociety & Culture June 24, 19:42
Conflict around Qatar should be settled by diplomatic means - source at Foreign MinistryRussian Politics & Diplomacy June 24, 16:44
More than 237,000 fans attend Confederations Cup matches already - Deputy PM MutkoSport June 24, 15:03
Sistema's president hopes for dialogue with Rosneft on settlement agreementBusiness & Economy June 24, 14:56
CNN deletes article about meeting between Scaramucci and Russian Direct Investment FundWorld June 24, 13:12
Ukrainian Army units shell Donetsk Republic in first hours of newceasefireWorld June 24, 5:19
LIPETSK, November 7. /TASS/. Russia’s Novolipetsk Steel, or NLMK, will keep its production volumes, despite Western sanctions against Russia, Vladimir Lisin, the chairman of the NLMK board of directors, told journalists on Friday.
He said that local authorities of a number of cities in Western European countries had asked the European Commission “to be more delicate to Russian steel in conditions of the sanction regime.” This position had been heeded and the company’s Western partners pledged to “try not to make wrong steps against NLMK,” Lisin said.
In his words, the local authorities in those cities are afraid that in case of the worst scenario “several thousands of people in Germany, Belgium, Denmark and Italy linked with NLMK activities will lose their jobs.”
Apart from that, NLMK has increased its domestic sales to 47% of its overall output, he noted. In the past ten years, the steel maker has diversified its production. These measures, according to Lisin, will help the metallurgy giant keep on running loss-free.
On Friday, NLMK marks the 80th anniversary of the first iron casting. Today, NLMK is Russia’s biggest steel maker and one of the most efficient metallurgical companies in the world. It is a central unit of an international production chain with assets located in Russia, the European Union and the United States. Production at NLMK’s Lipetsk facility exceeds 12 miliion tonnes a year, or 18% of Russia’s entire steel output.