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Novolipetsk Steel

March 11, 2020

NLMK Group approves Integrated Quality Management System Policy

NLMK Group, a global steel company, is pleased to announce the approval of its Integrated Quality Management System Policy. A single corporate document now encompasses the Company's quality, environmental protection, production safety and energy efficiency goals and commitments.

The Policy was approved as part of the development of the Company’s Integrated Management System and meets the requirements of ISO 45001 (occupational health and safety), ISO 9001 (quality management), ISO 14001 (environmental protection), and ISO 50001 (energy efficiency). The Policy also incorporates best global practices in sustainable development.

About NLMK Group

NLMK Group is the largest steelmaker in Russia and one of the most efficient in the world.

NLMK Group’s steel products are used in various industries, from construction and machine building to the manufacturing of power-generation equipment and offshore wind turbines.

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

NLMK has the most competitive cash cost among global manufacturers and one of the highest profitability levels in the industry. In 2019, the Company generated $10.6 billion in revenue and $2.6 billion in EBITDA. Net debt/EBITDA stood at 0.7õ. The Company has investment grade credit ratings from S&P, Moody’s, Fitch and Expert RA.

NLMK’s ordinary shares with a 18.6% free-float are traded on the Moscow Stock Exchange (ticker "NLMK") and its global depositary shares are traded on the London Stock Exchange (ticker "NLMK:LI"). The share capital of the Company is divided into 5,993,227,240 shares with a par value of RUB1. For more details on NLMK shareholder capital please follow the link.

For more information about NLMK Group, please visit our website.

 

 

 

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