Novolipetsk Steel OJSC

Sector: Steel Works Blast Furnaces (including Coke Ovens) And Rolling Region: Russian Federation

Exchange/Ticker: Moscow Interbank Currency Exchange: NLMK | Frankfurt Stock Exchange: N7MG | Russian Trading System: NLMK | OTC Bulletin Board: NISQY | OTC Bulletin Board: NISQ20 | London Stock Exchange: NLMK | London Stock Exchange: NLMA

Company Description

Novolipetsk Steel OJSC is engaged in the production and sales of flat and long steel products. Its products include slabs and transformer steel, pre-painted, galvanized and electrical steel. It operates within the following business segments: Steel, Foreign Rolled Products, Long Products and Mining. The Steel segment sales coke and steel products: pig iron, steel slabs, hot rolled steel, cold rolled steel, galvanized cold rolled sheet and cold rolled sheet with polymeric coatings, and also electro-technical steel. The Foreign Rolled Products segment is involved in the production and sales of steel products in Europe and the US. The Long Products segment operates through a number of steel-production facilities combined in a single production system beginning from iron scrap collection and recycling to steel-making, production of long products, reinforcing rebar, and metalware. The Mining segment is engaged in the mining, processing and sales of iron ore, fluxing limestone and metallurgical dolomite, which supplies raw materials to the steel segment and third parties. The company was founded on November 7, 1934 and is headquartered in Lipetsk, Russia.

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