IR releases

OJSC Novolipetsk Steel (NLMK), the LSE listed leading Russian steel producer, today announces its consolidated results for the 1st Quarter 2007.

Results of voting at the 2006 Annual General Meeting

OJSC Novolipetsk Steel (LSE: NLMK) is pleased to note today’s announcement that the Company’s Global Depositary Shares (GDSs) will be included in the Morgan Stanley Capital International (MSCI) Emerging Markets Index effective 31 May, 2006. As a result the pro-forma weight of NLMK GDS in the index will increase to 0.12%.

OJSC Novolipetsk Steel (NLMK) (LSE: NLMK) today announces Q1 2006 Russian Accounting Standards (RAS) financial results for its major companies.

OJSC Novolipetsk Steel (LSE: NLMK) today released the following regular trading update for Q1 2006.*

On April 17, 2006 a meeting of NLMK's Board of Directors has made a decision to conduct a General Shareholders' Meeting on June 6, 2006.

NLMK Group is pleased to announce Q3 and 9M 2014 NLMK Group Trading Update.

NLMK Group is pleased to announce Q2 2014 and H1 2014 NLMK Group Trading Update.

NLMK Group is pleased to announce Q1 2014 key operating highlights.

NLMK Group is pleased to announce NLMK Group Q4 and 12M 2013 Trading Update.

In Q3 2013, NLMK Group steel output grew by 3% to 3.897 m t, driven among other factors by a 0.1 m t increase in output at NLMK Kaluga. Q3 steel product sales totaled 3.719 m t (-1.4% q-o-q). Finished product sales grew by 5.5% q-o-q to 2.896 m t; their share in total sales growing 5 p.p. to 78%. Sales of value added products1 increased by 2.1% to 1.411 m t, accounting for c.50% of finished product sales.

In Q2 2013, NLMK Group steel output increased by 2.5% to 3.785 m t. Q2 steel product sales totaled 3.771 m t (+0.2%). Finished product sales grew by 6% q-o-q to 2.744 m t driven by the seasonal growth in demand from end consumers. The share of finished products in total sales exceeded 73%. Sales of value added products increased by 3.7% to 1.380 m t, accounting for c.50% of finished product sales.

NLMK Group (MICEX and LSE: NLMK) is pleased to announce a 56% sequential growth in free cash flow in Q2 2017.

NLMK Group (MICEX and LSE: NLMK) is pleased to announce a 19% growth in EBITDA in Q1 2017.

NLMK Group, a leading global steel company (MICEX and LSE: NLMK) is pleased to announce an EBITDA margin expansion to 25% and a 9% y-o-y growth of free cash flow to $1.1 bn in 2016

In Q3, revenue increased by 19% qoq to $2.2 bn, driven by a 7% qoq growth in sales to 4.2 m t. EBITDA increased by 46% qoq to $673 m; EBITDA margin reached 30% (+5 p.p. qoq), including 18% for NLMK’s international companies. Net income doubled qoq to $385 m. Net debt / EBITDA decreased to 0.4х.

In Q2, steelmaking capacity utilization rates reached 100% (94% in Q1 2016). EBITDA increased by 59% qoq to $460 m; EBITDA margin reached 25% (+7 p.p. qoq). Net debt / EBITDA stood at 0.7.

NLMK Q1 2016 revenue was $1.577 billion (-4% qoq), EBITDA margin was 18%. Free cash flow increased by 2.5x to $275 million. NLMK net profit was $57 million.

NLMK Group has successfully achieved all key objectives as part of its Environmental Strategy 2023, reducing specific atmospheric emissions by 13%, increasing waste processing rate to 96% (recycling of secondary resources at 99%), and cutting discharges into water bodies in half.

NLMK Group was ranked first among Russian steelmakers in the Top 50 Green Energy Transition rating. In the overall rating NLMK Group was ranked among TOP 5. The ranking was compiled by RAEX-Europe, an independent rating agency.

NLMK has topped the ranking every month starting from October 2022.

NLMK Group was ranked among Top 20 Employers by HeadHunter. NLMK Group also came first in the HR Process Development Level rating and was included into Top 3 Best Employers among production companies.

NLMK Group was included into the leading platinum group of best employers in Russia according to Forbes Magazine.

NLMK Group, a global steel company, has updated its industrial healthcare development strategy. The main objectives of the strategy include the development of the emergency aid system at the Company sites, digitalization of health check-ups, and reduction occupational disease levels.

NLMK Lipetsk has commissioned a 10,000 m2 automated warehouse complex as part of its efforts to boost the efficiency of its production processes. The complex will enable 24/7 supply of spare parts, components, and consumables to repair shops, reducing internal order completion time by a factor of four.

NLMK Group, a global steel company, the Belgorod Region administration, and the Russian Ministry of Industry and Trade have signed a Memorandum of Intent for a project to construct a new metals and mining facility at the Stoilensky Mining and Beneficiation plant.

Novolipetsk Steel (“NLMK”) hereby informs the holders of the 4.00 per cent. loan participation notes due 2024 (ISIN: XS1577953174, US85812RAA77) (the “Notes”) that (i) on 21 September 2022 NLMK made the scheduled coupon payment to the holders of the Notes whose rights are recorded by Russian depositories, and (ii) on 26 September 2022 (having received the required authorization from the Ministry of Finance of Russia) NLMK transferred the amount equivalent to the balance of the coupon payment to the account of the Issuer of the Notes (Steel Funding D.A.C.) with the Principal Paying Agent (Deutsche Bank AG, London Branch), which was supposed to be on-transferred by the Principal Paying Agent to the international clearing systems for distribution to the holders of the Notes via these systems.

NLMK Group, an international steel company, is pleased to announce that Expert RA has assigned it the credit rating of ruAAA with a stable outlook.

NLMK Group hereby informs that Expert RA has withdrawn NLMK’s credit rating following the expiration of the rating services agreement. NLMK Group plans to resume activities on initial credit rating assignment in the nearest future.

Considering the analysis of Q1 2022 performance and trends on the ferrous metallurgy market in early Q1 2022, the 2022 output of Russian ferrous metallurgy companies is expected to decrease year-on-year by more than 11 m t (-15%). The maximum decrease is expected in H2 2022, over 9 m t (-26%) vs. H2 2021

NLMK Group announces that Fitch Ratings has downgraded NLMK Group’s long-term foreign-currency issuer default rating from BBB (stable outlook) to B (rating watch negative). The rating action follows the agency’s downgrade of Russia’s sovereign ratings on 2 March 2022.

NLMK Group (LSE: NLMK, MOEX: NLMK), an international steelmaking company with operations in Russia, the USA, and the European Union, is pleased to inform you that it has published its 2022 financial calendar on its web-site. Please note that dates are preliminary and subject to change.