NLMK Group is pleased to announce its Q1 2015 Trading Update.
Key highlights:

• Q1’15 steelmaking utilization rates of the Group were 96%, including 100% at the Lipetsk site.
• Q1’15 Group’s steel output was 3.87 mln t (-6% qoq). Q2’15 steel output will grow, offsetting the Q1 decline driven by scheduled maintenance works at NLMK USA and the Lipetsk plant.
• Growth in Q1’15 sales of 3% qoq to 3.96 mln t was supported by stable demand in the international markets.
• International sales (ex. Russia) increased by 13% qoq to 2.55 mln t; their share in the sales mix sequentially increased from 59% to 64%.
Outlook: Q2’15 operating results are expected to grow driven, among other factors, by the seasonally improved buying activity in the Russian market.
Investor Relations contacts:
Sergey Takhiev
+7 (985) 760 55 74
tahiev_sa@nlmk.com
Media contacts:
Sergey Babichenko
+7 (916) 824 6743
babichenko_sy@nlmk.com