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Abbreviations

ASU Air separation unit
BAT Best available technology
BCP Business continuity plan
CB RF Central Bank of the Russian Federation
CCM Continuous casting machine
CIS Commonwealth of Independent States
CSR Corporate social responsibility
DRI Direct reduced iron
EAFS Electric arc furnace shop
EBITDA Earnings before interest, taxes, depreciation and amortisation
ERP Enterprise resource planning
ESG Environmental, social, and governance
FMF Flexible modular furnace
GR Government relations
GRI Global Reporting Initiative
HBI Hot briquetted iron
HR Human resources
IFRS International Financial Reporting Standards
ISO International Organization for Standardization
IT Information technology
JSC Joint-stock company
KPI Key performance indicator
LGOK JSC Lebedinsky Mining and Processing Plant
LIBOR London Interbank Offered Rate
LLC Limited liability company
LTIFR Lost time injury frequency rate
MC Management Company
MFSSC Multi-function shared services centre
MGOK PJSC Mikhailovsky Mining and Processing Plant
OHS Occupational health and safety
OEMK JSC Oskol Electrometallurgical Plant
PJSC Public joint-stock company
PXF Pre-export financing
QWR Quality wire rod
RAS Russian Accounting Standards
RMICS Risk management and internal control system
RSPP Russian Union of Industrialists and Entrepreneurs
RTP Roller Hearth Heat Treatment Furnace
RZM Rolling Quenching Machine
S&P Standard & Poor’s
SBQ Special bar quality
UN United Nations Organization
WWF World Wide Fund for Nature