The story
The company is located in the Ural Mountains, in the city of Nizhniy Tagil, in Sverdlovsk Oblast. The city has been a steel-making center for centuries, and the company's website boasts a long historical association with the industry. Large-scale steel manufacture began in 1725, at the end of the reign of Peter the Great. At this time in the town's history, half of the output was exported to England.
In 1992, NTMK underwent privatization and was organized into a joint-stock company.
From Wikipedia’s article on Nizhniy Tagil Iron and Steel Works, shared under CC BY-SA 4.0.4