NLMK Group, an international metallurgical company, supplied a batch of transformer steel for Electrozavod, one of the leading Russian manufacturers of transformer and reactor equipment. Steel was used in the production of 750 kV shunt reactors for power delivery facilities of the new power unit of the Leningrad NPP (LNPP) of Rosenergoatom.
Six phases of the reactors manufactured by Electrozavod have already been delivered to the Leningrad NPP site in Sosnovy Bor, Leningrad Region. Shunt reactors are needed to improve the stability and throughput of the power grid through reactive power compensation and voltage level control. Their installation will ensure reliable power delivery of not only the new, but also the existing units of the Leningrad NPP.
Transformer steel is widely used in the manufacture of products for the electrical and electronic industries. It has low magnetic losses, which makes it indispensable in the manufacture of magnetic cores for transformers and reactors. This is achieved due to a special chemical composition, small thickness of rolled products and a special metal structure. Transformer steel ensures low energy losses in the product, minimal heating and high efficiency.
NLMK Group is the only transformer steel producer in the CIS and occupies 11% of the world market. NLMK Group's transformer steel is supplied to 60 countries around the world.
Information about NLMK Group
NLMK Group is a vertically integrated metallurgical company, the largest in Russia and one of the 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 and Europe and the USA. 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 has investment grade credit ratings from S&P, Moody's, Fitch and Expert RA.
NLMK's common shares, which have a free-float of 20.7%, 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.
For more information about NLMK Group, visit the website.
You can download photos and corporate videos of NLMK Group from the media bank at the link.
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