NLMK Group, a global steel company, has signed a strategic partnership and cooperation agreement with the Internet Initiatives Development Fund (IIFD), one of the key players on the corporate innovation market.

NLMK and the accelerator will join forces to bring innovative solutions to the industry. NLMK Group and IIFD will focus on identifying promising areas and searching for technological innovations to address them. The most promising tech companies will get the opportunity to test and scale their solution using NLMK infrastructure around the world.

Thousands of startups have already gone through NLMK Group’s funnel of innovative projects, with over 100 of them already implemented or being piloted.

To apply for cooperation with NLMK Group, please use the website.

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 cash cost among global manufacturers and one of the highest profitability levels in the industry. The Company has investment grade credit ratings from S&P, Moody’s, Fitch, and Expert RA.

NLMK’s ordinary shares with a 20.7% 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 details on NLMK Group, please visit our website.

For NLMK Group’s photos and corporate videos, please visit our media library.21021