Nlmk. May

Fitch t the international rating agency has upgraded NLMK long-term credit rating from BB+ to the investment grade level at BBB- with a stable outlook. Fitch, in a press-release published today, highlights NLMK’s progress in balancing its 40% crude steel growth and re-rolling production capacities through acquisition of the rolling assets of Steel Invest and Finance, previously 50/50 JV with Duferco. Fitch states that the acquisition decreases excessive exposure to the volatile ...

Novolipetsk has passed a series of audits conducted by TÜV SÜD, the independent German certifying agency. TÜV SÜD experts examined the Company’s overall Quality Management System (QMS) confirming its compliance with international standard ISO 9001:2008 Quality Management System – Requirements. They also confirmed NLMK’s QMS in HRC production compliance with the European Council Directive 97/23/EG Pressure Equipment and Technical Regulations AD 2000 W ...

Novex Trading SA (a trading company within NLMK Group) has been chosen by Schneider Electric as its preferred supplier. Assessment of 2010 results revealed that the Company demonstrated a high level of performance in terms of product quality, logistics, cost saving, technical and process innovations, sustainable development and cooperation, meeting all the requirements set forward by Schneider Electric. Currently only 250 of Schneider Group’s suppliers have been honoured ...