NLMK group has begun deliveries of industrial strength steel for engineering
NLMK group has begun deliveries of industrial strength steel for engineering
Novolipetsk steel, the flagship site of NLMK Group, has started industrial deliveries to the Russian market high-strength hot-rolled sheet grades S500MC and S550MC (yield strength 500 and 550 MPa).
This steel is used for the production of bodies, dump trucks, scrap trucks, chassis trucks, cranes and other machinery. Design of high-strength steel allows to increase the load bearing capacity of products by 20%, to reduce the weight of equipment and to reduce the consumption of fuel per ton of cargo.
Steel grades S500MC and S550MC used in the construction and details of equipment that operates under high loads. Its strength is 40% higher hot rolled General purpose. The strength properties of the metal acquires after special thermomechanical processing on the hot rolling mill of NLMK.
high-strength steel Sheets are available in thickness from 4 mm to 8 mm, width up to 1500 mm and length up to 12 meters. Customers are able to hire small parties – up to 20 tons with delivery by road. The order package can be also included high-strength plate line Quard brands which the company supplies to Russia from NLMK Clabecq plant in Belgium.
NLMK implements the program of development of hot-rolled high-strength and, in particular, to the end of the year planned experienced delivery S600MC.
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 the year 2018 amounted to $ 12 billion, EBITDA –
3.6 billion dollars. The ratio of Net Debt/EBITDA of 0.25 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 about equity NLMK can be found at the link.
for more information about NLMK Group, please visit.
Download photos and corporate video NLMK Group in Mediobanca the link.