Novolipetsk Steel : NLMK VP Receives Adolf Martens Award for Ultrahigh-Strength Steel Research

Dr. Bruno Charles De Cooman, NLMK Group Vice President for Research and Development, has been awarded the prestigious Adolf Martens Memorial Steel Lecture for his research into the properties of ultrahigh-strength steels.

The award ceremony took place on 10 October at the Material Science & Technology 2017 International conference in Pittsburgh (USA).

This award was established by the Association for Iron & Steel Technology (AIST) in 2010 to honor Adolf Martens, a pioneer in metallography, and recognizes the achievement of significant scientific accomplishments that have enabled important advances in processing and product application in the field of ferrous metallurgy.

Dr De Cooman's presentation was titled 'Mechanical Twinning in Formable Advanced Ultrahigh-Strength Steel'. Research in advanced ultra-high strength steels, i.e. steels with a tensile strength higher that 1000MPa, is aimed at obtaining steels that are both much stronger and much more formable than conventional steel grades. The key aspect of new steel design strategies is an enhanced strain hardening. This can be achieved by introducing an unusual deformation mechanism in steel: deformation twinning. During his presentation, Dr De Cooman showed that this deformation phenomenon not only occurred in the so-called TWIP (Twinning-induced plasticity) steels, but also in medium Mn steels, and Q&P (Quenching and Partitioning) steel.

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 H1 2017, the Company generated $4.7 billion in revenue and $1.22 billion in EBITDA. As of 30 June 2017, Net debt/EBITDA stood at 0.4х. 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'). For more details on NLMK shareholder capital, please follow the link.

NLMK Group received the Steel Industry Leadership Award at the prestigious 2016 Platts Global Metals Awards held by S&P Global Platts, a leading international industry analytical periodical.

NLMK Group's photos and videos are available for downloading from our mediabank athttps://media.nlmk.com/en/