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Novolipetsk Steel

September 14, 2021

NLMK boosts premium electrical steels production capacity

NLMK has commissioned anew grain-oriented electrical steel laser treatment unit with acapacity of54,000 tonnes per year. This isNLMK Group fourth line for the production ofsteels with advanced magnetic properties.

Adding steel surface laser treatment tothe finishing stage reduces specific magnetic losses by8-10%. This enables our customers tomake energy efficient transformers inline with the toughening market requirements.

NLMK isthe only grain-oriented electrical steel producer inthe CIS, holding a10% share ofthe global market. NLMK iscurrently constructing anew plant toproduce grain-oriented steel inIndia with acapacity of64,000 tonnes per year.

About NLMK Group

NLMK Group isthe largest steelmaker inRussia and one ofthe most efficient inthe world.

NLMK Group steel products are used invarious industries, from construction and machine building tothe manufacturing ofpower-generation equipment and offshore wind turbines.

NLMK operates production facilities inRussia, Europe and the United States. The Company steel production capacity exceeds 17million tonnes per year.

NLMK has ahighly competitive competitive cash cost among global manufacturers and one ofthe highest profitability levels inthe industry. The Company has investment grade credit ratings from S&P, Moody, Fitch, and RAEX (Expert RA).

NLMK ordinary shares with a20.7% free-float are traded onthe Moscow Stock Exchange (ticker «NLMK») and its global depositary shares are traded onthe London Stock Exchange (ticker «NLMK:LI»). The share capital ofthe Company isdivided into 5,993,227,240 shares with apar value ofRUB1. For more details onNLMK shareholder capital, please follow thelink.

For more details onNLMK Group, please visit ourwebsite.

For NLMK Group photos and corporate videos, please visitour media library.

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