Novolipetsk Steel PJSC (Novolipetsk Steel PJSC) Construction In Progress : $1,468 Mil (As of Dec. 2021)

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What is Novolipetsk Steel PJSC Construction In Progress?

Novolipetsk Steel PJSC's quarterly construction in progress increased from Jun. 2021 ($0 Mil) to Sep. 2021 ($1,421 Mil) and increased from Sep. 2021 ($1,421 Mil) to Dec. 2021 ($1,468 Mil).

Novolipetsk Steel PJSC's annual construction in progress declined from Dec. 2019 ($1,472 Mil) to Dec. 2020 ($1,285 Mil) but then increased from Dec. 2020 ($1,285 Mil) to Dec. 2021 ($1,468 Mil).

Novolipetsk Steel PJSC Construction In Progress Historical Data

The historical data trend for Novolipetsk Steel PJSC's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Novolipetsk Steel PJSC Construction In Progress Chart

Novolipetsk Steel PJSC Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Construction In Progress

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855.00

1,050.00

1,472.00

1,285.00

1,468.00

Novolipetsk Steel PJSC Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Construction In Progress	Get a 7-Day Free Trial															1,285.00	-	-	1,421.00	1,468.00

Novolipetsk Steel PJSC Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Novolipetsk Steel PJSC (Novolipetsk Steel PJSC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Novolipetsk Steel PJSC (OTCPK:NISQY) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

2, Metallurgov Sq., Lipetsk, RUS, 398040

Website

https://www.nlmk.com

Novolipetsk Steel PJSC is a Russia-based steelmaker with production assets located in Russia, Europe, and the United States. The company's metal products are used in various industries, from construction and engineering to the manufacture of power-generating equipment and off shore wind turbines. The company operates through six segments, namely Mining, Russian flat products, Russian long products, NLMK USA, NLMK DanSteel and Plates Distribution Network, and Investments in NBH. Russian flat products for over half of the company's revenue. Russia, Europe, North America, and the Middle East are the four largest markets for the company.

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