Business model
NLMK Group is a vertically integrated company with a well-balanced value chain that ensures control over every step in steel production: from raw material mining to sales of high-tech finished products to end users.
NLMK is guided by the principles of social responsibility at every stage of the process. We promote wellbeing of our employees and local communities in the areas of operation, and champion environmental protection.
-
Upstream
NLMK’s world-class resource base with advanced mining and processing technology, an optimal process environment and high professionalism of the team make us a global cost leader in steelmaking.Up to 100%of raw materials produced are consumed at the next stage to make steel -
Midstream
15.4 million tonssteel per year11 Excluding assets divested in 2023
Cost leadership
NLMK Group boasts one of lowest steelmaking costs globally. High capacity utilization, efficient vertical integration and advanced process equipment support our sustainable leadership in production cost.
Balanced sales and added value
NLMK processes 69% of its steel into finished products and markets 31% as semi-finished steel. Our track record as a reliable supplier ensures stable demand for our products.
Optimal logistics
Strategic placement of capacity in the regions with well-developed infrastructure and in close proximity to raw material sources drives down NLMK’s logistical costs and mitigates risks. -
Downstream
NLMK Group manufactures finished products locally in its strategic markets, including Russia, the EU and the US, in close proximity to end consumers.13.5 million tonstotal capacity for finished product manufacture11 Excluding divestment of certain assets in 2023PRODUCT CATALOGUE
High quality
Our captive supply of raw materials for production of rolled steel ensures high quality and short lead times. The Company’s products are certified to international standards.
Optimal production footprint
Most of our products are marketed in the regions of production. This allows us to meet the most challenging requirements for delivery times and to adapt rapidly to local changes in demand.
Diversification of sales
An expansive geography of sales and a flexible marketing policy make our footprint global and give us the agility to focus sales on the most attractive markets, ensuring full production capacity utilization throughout the value chain.
Balanced product portfolio
NLMK offers a broad range of products, from standard varieties of hot-rolled steel to unique electrical grades and other niche products. This diversifies our sales into multiple segments and reduces our dependency on demand fluctuations in individual industries.