NLMK Group, an international metallurgical company, has supplied NPO Pneumatic Engineering (Pnevmash) with a batch of NLMK Clabecq Quend 700 super-strength structural steel for the manufacture of concentrating equipment.
Pnevmash manufactures equipment for mining industry, in particular, various modifications of screens - units for separating raw materials by size. Such equipment is subjected to high and long-term stresses with constant vibration. Therefore, the manufacturer pays special attention to the quality of the steel.
High-strength steel sheets of the Quend brand are intended for use in the production of chassis of trucks, construction lifting and loading equipment, caravans and other equipment, where high structural strength is critical.
Information about NLMK Group
NLMK Group is a vertically integrated steel company, the largest in Russia and one of the world's most efficient steel producers.
NLMK Group's metal products are used in various industries, from construction and mechanical engineering to power equipment and offshore wind turbines.
NLMK's production assets are located in Russia, Europe and the United States. The company's steel production capacity exceeds 17 million tonnes per year.
NLMK demonstrates high cost competitiveness among global manufacturers, the company's profitability is one of the highest in the industry. The company's revenue in 2019 was $ 10.6 billion, EBITDA was $ 2.6 billion. The Net Debt /EBITDA ratio was 0.7x. The company has investment grade credit ratings from S&P, Moody's, Fitch and RAEX (Expert RA).
NLMK's ordinary shares, which have a free-float of 18.6%, are traded on the Moscow Stock Exchange (ticker “NLMK”), global depository shares - on the London Stock Exchange (ticker “NLMK: LI”). The share capital of the Company is divided into 5,993,227,240 ordinary shares with a par value of 1 Russian ruble. More information about NLMK's share capital can be found here.
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