Home  Issuers' Corner  Press Releases
CLOSE

Press Releases

company search
all press releases
all Novolipetsk Steel press releases

Novolipetsk Steel

June 8, 2020

NLMK and Grand Line bring joint premium product offering to market

NLMK Lipetsk, NLMK Group’s flagship production facility, and Grand Line, the Russian producer of construction materials, have set up mass production of Satin Matt and PurLite Matt premium-class pre-painted steel products. NLMK will supply more than 2000 tonnes of these steel products to Grand Line over the course of the year for onward processing.

The products NLMK and Grand Line are manufacturing are designed for making construction materials such as profiled sheets, metal roof tiles and façade cladding. They are fully compliant with European and Russian quality standards, and boast superior use properties for consumers thanks to decorative surface texture and high performance characteristics. This includes greater corrosion and UV protection and higher ductility for complex moulding. The usable lifespan of products made from these steels is 1.5-2 times longer than that of standard quality steel.

Ilya Gushchin, NLMK Vice President, Sales, said:

“NLMK has been developing technology for the production of steel with a wide range of premium-quality coatings for many years now. Our product offering that was developed in collaboration with Grand Line is a great example of two brands working together. It will enable both companies to strengthen their position in the HVA market.”

Satin Matt: cold-rolled hot-dip galvanized steel. Base thickness: 0.5 mm. Zinc mass: 180 g/m2. Polyester coating thickness: 35 µm.

PurLite Matt: cold-rolled hot-dip galvanized steel. Base thickness: 0.5 mm. Zinc mass: 180 g/m2. Polyurethane coating thickness: 35 µm.

NLMK and Grand Line products are available in matt colour shades: Dark Brown, Chocolate, Black, Matterhorn, and Terracotta. The guarantee period of the decorative finishes ranges from 12 to 18 years, and from 28 to 30 years for corrosion protection, depending on the category of the coating, the climate and the conditions of usage.

About Grand Line

Grand Line is one of the largest producers of construction materials in Russia and Europe. The company has 9 plants and more than 100 official outlets across Russia. Innovative techniques and materials used when producing the goods, along with continuous monitoring in our captive laboratory, enable Grand Line to guarantee customers the highest standards in product quality.

For more details about the company, please follow the link.

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’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.

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z



Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer