NLMK’s Board of Directors today held its first meeting following the Annual General Shareholders’ Meeting. Vladimir Lisin
was re-elected as Chairman of the Board.
The Board of Directors approved a schedule of Board meetings and established Board Committees made up of the following members:
Strategic Planning Committee
About NLMK Group
NLMK Group is the largest steelmaker in Russia and one of the most efficient in the world. NLMK’s high-quality metal products are used in various industries, from construction and engineering to the manufacture of power-generating equipment and offshore wind turbines.
NLMK's production assets are located in Russia, Europe, and the United States. The Company’s liquid steel production capacity is over 17 million tonnes per year, of which about 16 million tonnes are produced in Russia. The company generated $10.9 billion in revenue; $1.5 billion in EBITDA in 2013. The Group’s vertical integration allows for control of the entire production chain, from mining to final processing and delivery to our customers. NLMK has the most competitive cash cost among global manufacturers; and one of the highest profitability levels in the sector. The company generated $10.4 billion in revenue; $2.4 billion in EBITDA; and a net profit of $845 million in 2014.
NLMK’s ordinary shares are traded on the Moscow Stock Exchange (MICEX-RTS, ticker symbol: NLMK), and its global depositary shares are traded on the London Stock Exchange (ticker symbol: NLMK:LI).