Novolipetsk Steel Mining News

Russia's richest lose $3.1B as tax plan hits shares

Russia’s super-rich tycoons lost more than $3 billion in one day.

While NLMK's Lisin warns against higher Russian mining taxes: Kremlin backs the discussion

Russian President Vladimir Putin agrees that a proposal to prop up the budget by raising more revenue from metals and mining companies should be discussed, but has not made any decision.