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Novolipetsk Steel

May 25, 2017

NLMK Group providing guarantee of up to 35 years on its pre-painted steel

NLMK Group, an international steelmaking company with operations in Russia, the USA and European Union, has taken steps to improve customer service by introducing guarantees of the decorative and protective properties of polymer coatings which range from 10 to 35 years.

The guarantee of the longevity of the polymer coating covers products manufactured at NLMK Lipetsk using polyester, polyurethane and PVDF enamels applied to hot-dip galvanized steel.

Ilya Guschin, NLMK Group Vice President of Sales, said: “NLMK has the technology to enable it to guarantee the exceptional quality and longevity of its products, something which is particularly important given the climate in Russia. This guarantee of NLMK products provides an additional competitive advantageto our customers, while consumers can be confident in the high quality of our products.”

NLMK markets steel products with a polymer coating over galvanized steel, with a protective zinc coating weight ranging from 140 to 275g/m². These measurements deliver superior operational performance of the steel products, compared to prevailing existing pre-painted steel market offerings with a protective zinc coating weight of 100g/m² and under.

Close monitoring of technological processes enables NLMK to guarantee the longevity of the decorative properties of pre-painted products that do not suffer from peeling, flaking or cracking of the surface layer, as well as from uneven change in colour. NLMK is also able to guarantee the protective properties of the steel, ensuring there is no corrosion.

Depending on the category of the surface coating, be it ‘Standard’, ‘Standard+’, ‘Premium’ or ‘Premium+’; as well as climactic conditions and the application in which the steel is used, the guarantee period for preservation of decorative properties ranges from 10 to 25 years, whilst for protection against corrosion it ranges from 22 to 35 years.

Steel products, with a wide variety of paint coatings from right across the colour spectrum, are used to produce profiled sheeting, roofing tiles, façade systems, white goods, instruments and much more. The main consumer of pre-painted steel is the construction industry, which NLMK delivers over 95% of its pre-painted steel to. NLMK Group held a 24% share in the Russian market for pre-painted steel in 2016.

For reference

NLMK is Russia’s leading manufacturer of pre-painted steel with an approximately 40% market share.

NLMK has more than 20 years of experience developing technologies for the production of galvanized steel with a wide range of polymer coatings. NLMK produces colour-coated steel up to 1850 mm wide with a smooth or texturized polyether, polyurethane, and PVDF coating in a wide range of colours. NLMK’s main pre-painted steel production facilities (with a production capacity of around 600,000 tpa) are located in Lipetsk. NLMK Group also produces pre-painted steel at NLMK Strasbourg.

About NLMK Group

NLMK Group is the largest steelmaker in Russia and one of the most efficient in the world.

NLMK Group’s high-quality steel products are used in various industries, from construction and machine building to the manufacturing of power-generation equipment and offshore windmills.

NLMK operates production facilities in Russia, Europe and the United States. The company’s steel production capacity exceeds 17 million tonnes per year.

NLMK has the most competitive cash cost among global manufacturers and one of the highest profitability levels in the industry. In FY2016, the Company generated $7.64 billion in revenue and $1.94 billion in EBITDA. As of 31 December 2016, Net debt/EBITDA stood at 0.36õ. The company has an investment grade credit rating from S&P and Fitch.

NLMK’s ordinary shares with a 16% free-float are traded on the Moscow Stock Exchange (ticker "NLMK") and its global depositary shares are traded on the London Stock Exchange (ticker "NLMK:LI").

NLMK Group received Steel Industry Leadership Award at the prestigious 2016 Platts Global Metals Awards held by S&P Global Platts, a leading international industry analytical periodical.

 

 

 

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