NLMK to supply pre-painted steel for Samsung white goods production in Kaluga
NLMK is entering the niche segment of the Russian pre-painted steel market with a new premium product that formerly was supplied exclusively by foreign manufacturers. This product was developed specifically for Samsung’s ‘white goods‘ production. NLMK steel high cold stamping features a smooth polyether finish and a polyurethane coating on the underside with a high resistance to corrosion for use in demanding environments.
Tests, performed jointly with Samsung, have confirmed that NLMK’s steel is fully compliant with requirements, both in terms of features such as colour and appearance; mechanical and other qualities; and in terms of its environmental safety.
Ilya Guschin, NLMK Vice President for Sales, said:
“We have over twenty years of experience in developing technologies for the production of galvanized steel with a wide range of premium quality coatings. This allows us to produce exclusive customized versions of this product. NLMK will continue to develop its sales of high-value added niche products in the Russian steel market, which is key to the company, by tapping into its technological potential and ensuring a high level of customer service.”
Lee Sang Su, General Director of Samsung Electronics RUS Kaluga, said:
“In white goods manufacturing, we always try to go beyond compliance with the high standard of quality Samsung is known for. It’s important for us to constantly work on improving process efficiency and to implement advanced technologies. I am glad that in NLMK, we found an excellent partner with a similar work ethic. This cooperation will help us accelerate the production of modern home appliance, promptly responding to the constantly growing consumer demand.”
NLMK Group is Russia’s leading manufacturer of pre-painted steel with a 40% market share. We produce colour-coated steel up to 1850 mm wide with a zinc coating of no less than Z140, and smooth or texturized polyether, smooth or texturized polyurethane, and smooth PVDF coating in a wide range of colours. NLMK Group’s total coated steel production capacity is 680,000 per year. These capacities are located in Novolipetsk (560,000 tpa) and at NLMK Strasbourg (120,000 tpa).
Coated galvanized steel manufactured by NLMK is used in construction to produce profiled sheeting, metal tiles, sandwich panels, facade sidings, and the production of bodies for household appliances, as well as instrument making and a range of other uses.
About NLMK Group
NLMK Group is a vertically integrated steelmaking company, and Russia’s leading manufacturer of steel and HVA rolled products. NLMK Group’s high-quality steel products are used in a variety of industries, from construction and machine-building to the manufacture of power generation equipment and offshore windmills.
NLMK’s production facilities are located in Russia, Europe and the USA. The Company’s crude steel capacity is over 17 m tpa, of which approximately 16 m t are located in Russia. The Company generated $10.9 billion in revenue and $1.5 billion in EBITDA in 2013.
NLMK’s ordinary shares are traded on the Moscow Stock Exchange (ticker “NLMK”) and its global depositary shares on the London Stock Exchange (ticker “NLMK:LI”).
Samsung Electronics Co., Ltd. is a leading global supplier of consumer electronics and key components. Samsung Electronics employs 286,000 people across 80 countries with annual sales of $216.7 billion. For more information, please visit www.samsung.com