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NLMK Group launched an online platform for the sale of slabs

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NLMK Group, an international metallurgical company, has launched an online platform for the sale of slabs - NLMK Slab Shop. A unique service for the global metallurgical market will allow customers to purchase slabs in small quantities from 60 tons.

NLMK Slab Shop is an aggregator of orders for small batches - from 60 to 2,400 tons. Orders with the same parameters are combined into a single lot for placement in NLMK production. Each customer of the service can form an application for any assortment of the required volume or join an already created request.

Manufacturers of flat products often have a need for small volumes of semi-finished steel products from special steel grades. It is difficult to meet these needs on the product market due to technical restrictions on the minimum production batch, so rolled products manufacturers are forced to use less efficient solutions: produce on their own or place orders for excess volumes.

“The new service of NLMK Group will allow our customers can buy steel for subsequent processing quickly and conveniently: no prepayment is required to complete an application, the transaction is negotiated promptly. We want to enable our clients to focus on the efficiency of their processes and take on the risk management in terms of quality and delivery times, ”commented Ilya Gushchin, Vice President for Sales of NLMK Group.

NLMK Group is one of the world leaders for the production of steel semi-finished products. The company's share in the global steel slab market exceeds 20%.

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 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 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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