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Novolipetsk Steel

July 24, 2020

NLMK Group confirms management system compliance with international sustainability standards

NLMK Group, an international steelmaking company, has completed a follow-up audit of its management systems in the areas of environmental protection, occupational health and safety, and energy efficiency. Amid the COVID-19 pandemic, the British Standards Institution (BSI) conducted the audit online.

NLMK Group’s Russian sites have fully confirmed the compliance of their current management systems to the requirements of international ISO standards 14001 (Environmental Management Systems) and 45001 (Occupational Health and Safety Management Systems). The certifications have been renewed until 2022. Pursuant to the audit, NLMK has also obtained an ISO 50001 certificate (Energy Management Systems) in its new 2018 edition.

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 a highly competitive competitive cash cost among global manufacturers and one of the highest profitability levels in the industry. In 12M 2019, the Company generated $10.6 bn in revenue and $2.6 bn in EBITDA. Net debt/EBITDA stood at 0.7õ. The Company has investment grade credit ratings from S&P, Moody’s, Fitch, and RAEX (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 on NLMK Group, please visit our website.

 

 

 

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