NLMK improves corrosion behaviour of galvanized steel
NLMK has started shipping a new product for the construction and electrical industries: galvanized steel with a more corrosion-resistant and eco-friendly coating.
The thin organic coating is applied to steel after galvanizing and provides a 3-fold corrosion resistance improvement compared to the conventional technology. The effect comes from the anti-corrosive pigments based on chemical compounds that are safer than chromium-based coatings. Additional advantages of the new coating include stronger resistance to stamping and shaping, superior weldability and paintability.
NLMK is planning to produce approximately 100,000 tonnes of the new product per year.
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 cash cost among global manufacturers and one of the highest profitability levels in the industry. The Company has investment grade credit ratings from S&P, Moody’s, Fitch, and Expert RA.
NLMK’s 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.
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