NLMK supplies raw materials for Moscow’s Central Ring Road
NLMK Lipetsk supplied 2 million tonnes of slag crushed stone to DSK Avtoban for building the fourth section of Moscow’s Central Ring Road that opened on 28 December 2020. NLMK Lipetsk supplied a total of 4.5 million tonnes of raw materials for the third and fourth sections of the road. NLMK Lipetsk’s convenient location and advanced crushing equipment have enabled it to provide year-round supplies for the construction project over the course of three years.
Crushed stone made from blast furnace slag has similar strength characteristics to those of natural crushed rock. Maintaining warehouse stocks of the material enables prompt and regular supplies to construction projects. In addition, blast furnace slag is a safe man-made raw material that helps conserve natural resources.
Ilya Guschin, NLMK Group Vice President, Sales, said: “NLMK Lipetsk has custom-developed a BF slag-based mix especially for DSK Avtoban’s road basecourse installation technology. Our company plans to actively pursue collaborations in road construction.”
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 0.7х. The Company has investment grade credit ratings from S&P, Moody’s, Fitch, and RAEX (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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