Animal abuse probe opened as 2 dolphins, seal and sea lion cub die in Primorye aquariumSociety & Culture October 25, 11:01
South Ossetia's military may be allowed to serve in the Russian army — defense ministerMilitary & Defense October 25, 10:37
Two more criminal cases opened over North Korean fisherman attack at Russian border guardsRussian Politics & Diplomacy October 25, 7:31
Korean News Agency: US wants to deter influence of Russia, China in Asia PacificWorld October 25, 6:41
No flights of Russian, Syrian aviation over Aleppo in last 7 days — Defense MinistryWorld October 25, 5:24
Crimea’s integration, ecology to dominate agenda of RPF forum in YaltaRussian Politics & Diplomacy October 25, 4:31
At least 48 people killed in attack at police college in PakistanWorld October 25, 3:50
Patriarch Kirill I to hold major news conference as part of Orthodox media festivalSociety & Culture October 25, 3:12
Medvedev to hold session of Presidential Council on Strategic Development on TuesdayRussian Politics & Diplomacy October 25, 1:49
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.