About Public Joint Stock Company "Novolipetsk Steel"
Public Joint Stock Company Novolipetsk Steel, together with its subsidiaries, operates as an integrated steelmaker. The company is a subsidiary of Fletcher Group Holdings Limited. The company’s main operations are in Russia, the European Union, and the U.S.A. The company’s steel products are used in various industries, from construction and machine building to the manufacturing of power-generation equipment and offshore wind turbines. Segments The company operates through six segments: Mining, Russian Flat Products, Russian Long Products, NLMK USA, NLMK DanSteel and Plates Distribution Network, and Investments in NBH (NLMK Belgium Holdings S.A.). Mining This segment engages in mining, processing and selling iron ore, fluxing limestone and metallurgical dolomite. This segment also supplies raw materials to the steel segment and third parties. Russian Flat Products This segment engages in the production and sale of steel products and coke, primarily pig iron, steel slabs, hot rolled steel, cold rolled steel, galvanized cold rolled sheet, and cold rolled sheet with polymeric coatings, as well as electro-technical steel. Russian Long Products This segment includes various steel-production facilities combined in a single production system beginning from scrap iron collection and recycling to steel-making. This segment engages in the production of long products, reinforcing rebar and metalware. NLMK USA This segment engages in the production and sale of steel products in the United States. NLMK DanSteel and Plates Distribution Network This segment engages in the production and sale of plates in Europe and other regions of the world. Investments in NBH This segment engages in the production of hot rolled, cold rolled coils and galvanized and pre-pained steel. This segment also engages in the production of a range of plates, as well as operates various steel service centers located in the European Union. History Public Joint Stock Company Novolipetsk Steel was founded in 1934.
