11,286.81 TRY BIST 100 BIST 100
50.06 EUR EUR EUR
42.74 USD USD USD
6.10 CNY CNY CNY
0.12 CNY CNY/EUR CNY/EUR
37.99 TRY Interest Interest
60.12 USD Fossil Oil Fossil Oil
91.30 USD Silver Silver
5.41 USD Copper Copper
104.15 USD Iron Ore Iron Ore
349.00 USD Shipbreaking Scrap Shipbreaking Scrap
5,956.51 TRY Gold (gr) Gold (gr)

NLMK sold its high-quality division to the Industrial and Metallurgical Holding

NLMK sold its high-quality plants in the Kaluga region and the Urals to structures associated with the owner of IMH Evgeny Zubitsky . Analysts estimate the deal at 60 billion rubles, which NLMK will be able to spend on strengthening its position in the domestic market.

NLMK sold its high-quality division to the Industrial and Metallurgical Holding

According to the state register of legal entities, 100% of NLMK-Kaluga LLC and Vtorchermet NLMK LLC is now owned by the structure of the owner of Industrial Metallurgical Holding (IMH) Evgeniy Zubitsky - LLC "Promsort" The corresponding changes were made on 6 September.

In February, the Vedomosti newspaper wrote that the NLMK group was selling its own factories in the Urals and Kaluga region, and possible bidders for the purchase were the Industrial Metallurgical Holding (IMH) and the Novostal-M company. The publication's source in the company that purchases NLMK products estimated the value of the assets being sold at 75-100 billion rubles, based on the fact that NLMK previously offered to buy only the Ural plants for 50 billion rubles.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Xuân Thiện Group partners with Primetals Technologies for two green steel production lines in Vietnam

Thursday, December 18, 2025

Shinagawa and Danieli form partnership for new mould flux plant

Thursday, December 18, 2025

Gradual decline in Türkiye's rebar and billet prices!

Thursday, December 18, 2025

Italy’s steel production returns to decline in November after four months of growth

Thursday, December 18, 2025

Canada extended anti-dumping measures on hot-rolled carbon steel sheets

Thursday, December 18, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now