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28 December 2016

Dmitry Stopkevich appointed CEO of NLMK Long

NLMK Group an international steelmaking company with operations in Russia, Europe and the USA, is pleased to announce the appointment of Dmitry Stopkevich as CEO of NLMK Russia Long division (NLMK Long), one of the largest long products and metalware producers in Russia.

The division was previously managed by Grigory Fedorishin, who held concurrently two positions as head of the division and the Group's VP for finance. He was appointed head of NLMK Long in January 2016 with a goal to increase operational efficiency of the division, which operated in complex market environment and had significant potential for development.

Now Grigory Fedorishin will focus on the development of NLMK Group's new Strategy which will be brought forward to the shareholders in early 2018.

“I would like to thank Grigory Fedorishin for enhancing operational activities of the division. Cost control, intensification of export sales ant the launch of end user sales network have enabled the division to increase the steel output by 8% in 9M 2016 despite falling market; steel product sales have also grown by 13% and utilization rate reached 80%. The goal of the newly appointed head of the division is to build on the existing groundwork and support NLMK's power in the long products market” Oleg Bagrin, NLMK Group CEO

Dmitry Stopkevich's background

Dmitry Stopkevich has been with NLMK Group since September 2016 as Deputy CEO of NLMK Long. He started his career in metals & mining industry in 1999. He worked for Evraz Holding and RUSAL. Since 2004 he occupied various leading positions in OMK. In his capacity he was engaged in procurement activities, OMK production system and OMK business system development. He was the CEO of OMK-Ecometal between 2012 and 2015. He was a member of the Board of OMK. He graduated in 1999 from Moscow State University of Railway Engineering with a degree in "Equipment and technology to increase durability and recovery of machine parts and devices”. In 2004 he received an MBA from Academy of National Economy under the Government of the Russian Federation.