NLMK Group, an international metallurgical company, for the first time in the history of international merchant shipping began to use polymer materials instead of wooden containers for the transportation of steel billets. The new transportation scheme saves more than 100 million rubles and 13 thousand cubic meters of timber annually.
Previously, during sea transportation, timber was used to fasten metal on the ship. Annually, about 13 thousand cubic meters of timber were used for these purposes - this is almost three railroad trains. The new transportation scheme makes it possible to reuse fasteners made of special polymeric materials instead of timber.
Now, for sea transportation of a batch of metal, 20 times less wood is required. At the same time, there is no need to recycle used wood and the demand for processing household plastic waste into polymer material is stimulated. The production of new fasteners for transporting a batch of 5,000 tons of slabs requires 50,000 1.5 liter plastic bottles. Due to the ease of use of the new fasteners, the speed of operations for loading steel billets onto the ship has also increased.
The new transportation scheme is now constantly used on the Kaliningrad - Frederikswerk (Denmark) route. The technology will be scaled up within the NLMK Group's supply chain.
About NLMK Group
NLMK Group is a vertically integrated metallurgical company, the largest in Russia and one of the most the world's most efficient steel producers.
NLMK Group's steel 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 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.
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