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 13, 2019

NLMK steel for new Liebherr heavy-duty mobile cranes

NLMK Group, a global steelmaker, has delivered its first batch of high-strength Quend 1100 steel to Liebherr, one of the world's largest manufacturers of construction machinery.

NLMK Clabecq (NLMK Group's Belgian company) will supply steel to produce telescopic booms for a new type of Liebherr mobile cranes with a load capacity of 230 t. The prototype has been manufactured and exhibited at bauma 2019, an international trade fair for construction and mining machinery.

At bauma 2019, NLMK Group's delegation led by Grigory Fedorishin, NLMK Group President and CEO, met with the leaders of Liebherr-Werk Ehingen GmbH (mobile cranes manufacturer) and Liebherr-Purchasing Services GmbH discussed the expansion of the partnership, in particular the development of the high-strength Quend steel grades and their application in upcoming Liebherr cranes.

Ilya Guschin, NLMK Group Vice President, Sales, said:

“For several years, NLMK has been supplying products to Liebherr enterprises, and we are pleased to continue our active cooperation with our key customer. Quend 960 and Quend 1100 are complex grades of high-strength steel. They comply with exclusive standards for strength, surface quality, and thickness tolerances. The development of high value-added products is a strategic priority for NLMK Group.”

In 2018 high-strength Quend 960 and Quend 1100 grades (min. tensile strength 960 MPa and 1100 MPa, respectively) were homologated (tested for compliance) by leaders of the lifting equipment market: Liebherr, Manitowoc Cranes, and Tadano Faun GmbH.

About bauma

Bauma is the world's largest industry trade fare for construction machinery, building materials production machinery, and road and mining equipment. More than 620,000 people from 200 countries visited the exhibition in 2019.

About Quend

High-strength Quend plates are designed for use in the construction of bulk vehicle frames, bulk lifting and handling machinery, vehicle trailers, and other machinery where high structural strength is of the essence. The use of Quend plates reduces the weight of structural components by more than 20%, thus reducing the cost of production and increasing the performance of the machines.

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 16% 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’s 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