Public Joint Stock Company "Novolipetsk Steel" (LSE:NLMK) could sell its NLMK-Ural asset to Public Joint Stock Company Acron (MISX:AKRN) (Akron), BCS Global Markets wrote citing local media reports based on unnamed sources. As followed by bne IntelliNews, NLMK and other metals majors are top dividend payers in Russian equity due to high prices. Additional asset sales could further improve the company's dividend outlook.

Reportedly, the steelmaker may sell part of its assets in the Sverdlovsk region, most likely NLMK-Ural, while no official confirmation has been made. The exact assets that may be sold and the price of the deal have not yet been specified.