INPROMSNAB TRADING

We are Integrated Steel and Mining Group, and focuses on the production of steel long products, as well as mining products such as coal, iron ore and nickel. We are also the most comprehensive producer of specialty steels and alloys in Russia, producing 52% of total Russian specialty steel output. We are also a Top producer of long products in Russia. Our steel business includes the production and sale of semi-finished steel products, carbon and specialty long products, carbon and stainless flat products and value-added downstream metal products including hardware, stampings and forgings. Our steel business also produces significant amounts of coke, both for internal use and for sales to third parties. We have substantial coal, iron ore and nickel mining interests in Russia, with the flexibility to supply our own steel production or sell to third parties depending on price differentials between purchases from local suppliers and sales to foreign and domestic customers.