Novolipetsk Steel 2009 AR2
The report highlights NLMK Group's operational and financial performance during the global economic crisis of 2009. Despite a significant drop in steel prices, the company maintained its global efficiency leadership, reporting an EBITDA margin of 24% and a consolidated revenue of $6.14 billion. NLMK successfully implemented cost-optimization measures, reducing slab production costs at its Lipetsk site by 37% to $220 per tonne. On the environmental front, the company invested $137 million in protection activities, notably achieving a closed water supply cycle at the Lipetsk plant to completely stop waste water discharge into the Voronezh River. Additionally, the company reduced its industrial accident rate by over 30%.
Company: Novolipetsk Steel
Sector: Materials
Country: Russia
Year: 2009
Type: AR2
Pages: 93
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Novolipetsk Steel
Annual Report
The report highlights NLMK Group's operational and financial performance during the global economic crisis of 2009. Despite a significant drop in steel prices, the company maintained its global efficiency leadership, reporting an EBITDA margin of 24% and a consolidated revenue of $6.14 billion. NLMK successfully implemented cost-optimization measures, reducing slab production costs at its Lipetsk site by 37% to $220 per tonne. On the environmental front, the company invested $137 million in protection activities, notably achieving a closed water supply cycle at the Lipetsk plant to completely stop waste water discharge into the Voronezh River. Additionally, the company reduced its industrial accident rate by over 30%.
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Document Details
Report Year
2009
Reporting Period
Jan 1, 2009 - Dec 31, 2009
Fiscal Year
2009
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Workplace Fatalities
Employees