NLMK Payments to Governments Report 2016

Payments to Governments Report 2016

NLMK Group (LSE: NLMK), an international steelmaking company with operations in Russia, the USA and the European Union, has published its Payments to Governments Report 2016 disclosing the respective payments related to extractive activities the company made during 2016.

The report is prepared in accordance with the Reports on Payments to Governments Regulations 2014 as enacted in the UK in December 2014 and as amended in December 2015. The report builds on the information provided in NLMK Annual Sustainability Reports and consolidated financial statements prepared according international accounting standards published since 1998. 

The Payments to Governments Report 2016 is now available on our website at:

https://nlmk.com/en/ir/reporting-center/csr-reports/?from=ru 

For further information, please contact:

Investor relations contact info

Sergey Takhiev

+7 (495) 544 54 29

st@nlmk.com

Media contact info

Sergey Babichenko

+7 (916) 824 6743

[email protected] 

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 windmills.

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 the most competitive cash cost among global manufacturers and one of the highest profitability levels in the industry. In 6M 2017, the Company generated $4.699 billion in revenue and $1.221 billion in EBITDA. As of 30 June 2017, Net debt/EBITDA stood at 0.43х. The company has an investment grade credit rating from S&P and Fitch.

NLMK's ordinary shares with a 16% 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 RUR1. For more details on NLMK shareholder capital, please follow the link.

In 2016 NLMK Group received Steel Industry Leadership Award from S&P Global Platts, a global analytical agency.

For more information on NLMK Group please visit www.nlmk.com