15 March 2019

NLMK Group localizes Steeluniversity for Russia


NLMK Group, a global steel company, is pleased to announce the launch of the Russian version of Steeluniversity, a famous educational website of the International Iron and Steel Institute (IISI).

Steeluniversity is an educational project of the World Steel Association, an international association of steel producers. It is a collection of e-learning resources and interactive simulations covering major aspects of iron, steelmaking and rolling operations.

The website localization for the Russian-speaking audience began two years ago on the initiative of NLMK Group's Corporate University. Experts of the company organized the translation of the website itself, its educational games and 3D-models. A number of training e-courses are being finalized and will be added to the website as soon as they become available.

Valentina Satarova, Head of NLMK Corporate University, said:

“We are proud that it was NLMK who initiated the localization of this unique resource on steel technologies for the Russian-speaking audience. Today, most of the website has already been translated, but our work doesn’t end here. The website will be updated, new programmes and simulations will be added to its collection. Steeluniversity website is intended for use by steel companies and industry-specific educational institutions for training recent graduates, career guidance or as induction for new employees”.

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 the most competitive cash cost among global manufacturers and one of the highest profitability levels in the industry. In 9M 2018, the Company generated $9 billion in revenue and $2.7 billion in EBITDA. Net debt/EBITDA stood at 0.25х. The Company has investment grade credit ratings from S&P, Moody’s, Fitch and RAEX (Expert RA).

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 RUB1. For more details on NLMK shareholder capital please follow the link.

The jury of the prestigious S&P Platts Global Metals Awards held by S&P Global Platts, a leading international industry analytical periodical, announced NLMK Group as winner of the Industry Leadership Awards – Steel in 2016, and awarded it the CEO of the Year in 2018.

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