NLMK Group, an international steel company, has signed long-term strategic partnership agreements with the leading manufacturers of components for transformers: Enpay (Turkey), KRYFS (India) and National Material Company (NMC, USA).
Under these long-term agreements, NLMK Group will regularly supply transformer steel from its production sites in Lipetsk and Yekaterinburg, and offer expanded technical support. The parties also commit to expand cooperation in the field of new product development and market entry.
Ilya Gushchin, NLMK Group Vice President, Sales, said: “We see this step forward in fostering long-term cooperation with our key clients – Enpay, KRYFS and NMC – as a positive development. These new agreements reflect our commitment to working together and building long-term relationships. NLMK Group is willing to grow deliveries of premium products to our strategic markets and help our partners make the best products in the world from our steel.”
NLMK Group produces transformer steel at its production sites in Lipetsk and Yekaterinburg. NLMK’s share on the global transformer steel market is about 10%. (NLMK/Ukrainian metal)