In line with the Resolution of the Energy Commission of the Lipetsk Region dd. 30 December 2005 “On tariffs for electric energy supplied by OJSC Novolipetsk Steel (NLMK) and transmission services” the following tariffs have been set effective from 1 January 2006 to 31 December 2006:
OJSC Novolipetsk Steel (LSE: NLMK) today released its trading update for Q4 2005 and for the twelve months ended 31 December 2005.*
Further to the announcement of January 5th, 2006, OJSC Novolipetsk Steel (LSE: NLMK) has completed the acquisition of DanSteel A/S, the Danish steel manufacturer, for USD104 million. As previously stated, the deal was financed in full from NLMK’s existing cash funds.
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