6 June 2011 NLMK Group

Novolipetsk is recognized as best Russian exporter

Novolipetsk has won the award for "Best Russian Exporter 2010" in a contest held by the Russian Ministry of Industry & Trade. The company has been recognized as the best exporter in its industry (ferrous metallurgy).

Contest applications were reviewed by the Department of External Economic Relations and the Russian Ministry of Industry & Trade. The award was based upon an assessment of documents submitted by competing companies and calculations made through the examination of indices of consolidated export reports.

The award ceremony will be held on 23 June in Moscow.

For reference:

Novolipetsk is one of the largest producers of steel and steel products in Russia. In 2010 the share of exports in the Company’s total sales was 72% in quantitative terms and 63% in monetary terms. Company's exports are widely diversified geographically and target almost 60 countries of the world.