print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases REGISTER LOG IN

Press Releases

company search
all press releases
all Novolipetsk Steel press releases

Novolipetsk Steel

May 18, 2021

NLMK Group supplies heavy plate for large-scale wind power project in France

NLMK DanSteel, NLMK Group plant located in Denmark, has supplied heavy plate for an offshore wind farm project in the Bay of Saint-Brieuc, the first major wind farm in Brittany, France. NLMK DanSteel high-quality steel is used to manufacture components for wind turbine towers.

The Saint-Brieuc Bay wind farm, covering an area of 75 km2, will consist of 62 wind turbines. It is scheduled for launch in 2023. With the wind farm capacity close to 500 MW, there will be enough energy generated to supply electricity to more than 800,000 people, a quarter of Brittany population.

Leveraging the benefits of a recent capacity upgrade, NLMK DanSteel is planning to actively expand its product offering for the wind power sector.

About NLMK Group

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

NLMK Group 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 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 0.7Ñ…. The Company has investment grade credit ratings from S&P, Moody, Fitch, and RAEX (Expert RA).

NLMK ordinary shares with a 20.7% 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.

For NLMK Group photos and corporate videos, please visit our media library.

 

 

 

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