Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Novolipetsk Gains to Highest Since 2008 on Profit

OAO Novolipetsk Steel advanced to its highest July 2008 after Russia’s largest steelmaker by market value said fourth-quarter profit rose and that it plans to boost production.

The stock gained 4.5 percent to 107.74 rubles at the close in Moscow, its strongest since July 24, 2008.

Profit jumped 80 percent from the previous three months to $294 million on higher steel prices and increased reliance on more-advanced products, the company said today in a statement today. The steelmaker plans to spend more than $4 billion increasing output over the next three years as global demand recovers, Chief Executive Officer Alexey Lapshin said in an interview.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.