Novolipetskiy metallurgicheskiy kombinat OAO (NLMK OAO or Novolipetsk Steel OJSC) is a Russia-based vertically integrated steel producer. The Company’s principal activity is the production and sale of ferrous metals, primarily consisting of pig iron, steel slabs, hot rolled steel, cold rolled steel, galvanized cold rolled sheet, cold rolled sheet with polymeric coatings and electro technical steel. The Company’s operations are structured in the following segments: spanning mining, steelmaking and rolling. NLMK OAO has 24 subsidiaries, of which 19 are wholly owned, and one affiliated company. The Company trades its products domestically as well as exports them to 70 countries worldwide. On July 15, 2009, the Company acquired a 25% stake in NSMMZ from Metallurgical Holding. The Company's ownership in NSMMZ has increased to 57%.