Russian steelmaker NLMK Group has announced that international credit rating agency RAEX (Expert RA) has assigned it the highest credit rating of ‘ruAAA’ with a stable outlook, making the group the first metals and mining company to be awarded the highest rating by the agency.
According to the company’s statement, the rating of RAEX reflects NLMK’s high creditworthiness and financial reliability, as well as the quality of its risk management system and information transparency.