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21 March 2006

Novolipetsk Steel (NLMK) was recognized the Best Steel Company in Russia for 2005

Novolipetsk Steel (NLMK) has been named The Best Steel Company in Russia by Global Finance Magazine.

Global Finance provides annual rating on each industrial sector separately and defines the biggest and the most successful companies world-wide giving specific attention to such factors as competitiveness of products and pricing, accessibility, innovation, evidence of a long-term strategy and corporate governance quality.

The rating results will be published in the April issue of Global Finance Magazine.