NLMK Group, an international steel company, set a record in steel product export transshipments in June. NLMK shipped 1.2 m t of steel, which is 65% higher than the average monthly export volume and 0.3 m t higher than the previous record set in December 2018. High shipment levels were enabled by the supply chain optimization programmes.
In close cooperation with Russian Railways, NLMK’s logistics team managed to ensure that trains moved quickly towards ports and railcars were quickly returned to NLMK Lipetsk, despite the increased load on the railway network.
Additional storage facilities were allocated in ports to accommodate NLMK steel shiploads. Having designated terminals and crane processing lines for loading rolled products, and efficient planning of ship booking and entry into ports contributed to boosting load-transfer intensity.
Product shipments through the Tuapse Seaport reached an all-time high (0.3 million tonnes). Slabs, rolled products, billets for long products, and iron ore concentrate were shipped to consumers in Europe, the Middle East and Southeast Asia.
About NLMK Group
NLMK Group is the largest steelmaker in Russia and one of the most efficient in the world.
NLMK Group’s steel products are used in various industries, from construction and machine building to the manufacturing of power-generation equipment and offshore wind turbines.
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 a highly competitive competitive cash cost among global manufacturers and one of the highest profitability levels in the industry. In 12M 2019, the Company generated $10.6 bn in revenue and $2.6 bn in EBITDA. Net debt/EBITDA stood at 0.7õ. The Company has investment grade credit ratings from S&P, Moody’s, Fitch, and RAEX (Expert RA).
NLMK’s ordinary shares with a 18.6% 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"). The share capital of the Company is divided into 5,993,227,240 shares with a par value of RUB1. For more details on NLMK shareholder capital, please follow the link.
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