NLMK DanSteel plant NLMK Group, located in Denmark, put the machine-building enterprises of Germany, the first thousand tons of sheets of high-strength steel S500MC (yield strength 500 MPa).
hot Rolled steel sheet will be used for the manufacture of elements of heavy vehicles, in particular body parts wheel axles. High strength metal provides performance of products in large static and dynamic loads at temperatures of up to minus 50°C and improves the reliability of the equipment.
Industrial production of S500MC sheets with the thickness from 13 to 60 mm NLMK DanSteel mastered in 2019. This became possible after installation in the plate mill plant of an accelerated cooling system. Such a thermomechanical treatment allows to obtain thick plates of high strength and viscosity properties and better weldability.
Steel billets for production of high-strength sheets NLMK DanSteel gets from Russia with flagship NLMK Group enterprises – Novolipetsk metallurgical combine.
about the company
NLMK Group is a vertically integrated steel company and Russia's largest and one of the world's most efficient producers of steel products.
NLMK's metal Products are used in various industries, from construction and engineering to power-generating equipment and offshore wind turbines.
the Production assets of NLMK are located in Russia, Europe and the USA. The production capacity of steel companies over 17 million tonnes a year.
NLMK has high competitiveness in cost among global manufacturers, the company's profitability is one of the highest in the industry. The company's revenue for 2019 amounted to 10.6 billion dollars, EBITDA – $ 2.6 billion. The ratio of Net Debt/EBITDA amounted to 0.7 H. the Company has a credit rating of investment grade from S&P, Moody's, Fitch and RAEX (Expert RA).
Ordinary shares of JSC "NLMK", free float which is 18.6%, are traded on the Moscow Stock Exchange (Ticker "NLMK"), global Depositary shares on the London stock exchange (Ticker "NLMK:LI"). The share capital of the Company is divided into 5,993,227,240 shares with a par value of 1 Russian ruble.
read More of stockholders ' equity NLMK can be found at the link.
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