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12 August 2013

Q2 2013 NLMK Group Consolidated Financial Results under US GAAP

NLMK, the LSE-listed leading steel producer, today announces its consolidated US GAAP results for Q2 2013.


· Revenue: $2,829 million (-1% qoq)

· EBITDA: $400 million (+26% qoq), EBITDA margin 14% (11% in Q1 2013)

· Net income: $34 million

· Net debt: $3,424 million (-1%)

· Sales: 3.77 million t (flat qoq)

· Sales to external markets: 63% of the total sales (-2p.p. qoq)

· Sales of high value added products: 1.38 million t (+4% qoq)

· Steelmaking capacities utilization rate: 94%.


In Q3, NLMK Group capacity utilization rates will remain consistently high. Crude steel output will increase by 4% to 3.9 million t. We expect our Q3 revenue to remain flat quarter-on-quarter. Profit performances will depend on the trends for steel product and key raw material prices that will remain volatile.


NLMK is pleased to invite the investment community to a conference call with the management of NLMK:

Monday, August 12, 2013

09:00 (New York)

14:00 (London)

17:00 (Moscow)

To join the conference call, please, register on-line:

or dial
International Call-in Number: +44 (0)20 7162 0025

US Call-in Number: +1 334 323 6201

Conference ID: 935699

*We recommend that participants register on-line to avoid waiting in a queue or to start dialing in 5-10 minutes prior to ensure a timely start to the conference call.

The conference call replay will be available through 19 August 2013:

International Replay Number: +44 (0) 20 7031 4064

US Replay Number: +1 954 334 0342

Replay Access Code: 935699

It is recommended that participants download presentation in advance on NLMK’s web-site