Russian steelmaker NLMK Group has signed long-term strategic partnership agreements with leading manufacturers of components for transformers: Enpay (Turkey), KRYFS (India) and National Material Company (NMC, USA).
The agreements mean that NLMK Group will regularly supply transformer steel from its production sites in Lipetsk and Yekaterinburg, and offer expanded technical support. All parties have agreed to expand co-operation in the field of new product development and market entry.
Ilya Gushchin, NLMK’s group vice president of sales, said the agreements were regarded as steps forward in terms of fostering long-term co-operation with key clients. “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,” he said.
NLMK Group, which holds 10% of the global transformer steel market, produces the product at its production sites in Lipetsk and Yekaterinburg.
Enpay produces transformer components at plants in Turkey, India, Slovakia, and Bulgaria. Its products are exported to over 50 countries worldwide and its customers include ABB, GE and Siemens.
KRYFS is India’s leading manufacturer of electrical components for transformers and has nine manufacturing facilities for the production of distribution and power transformers. KRYFS supplies its products to Latin America, North America, South East Asia, the Middle East and Africa.
National Material Company (NMC) is one of the largest independent steel service centres in North America. NMC operates 10 production facilities and service centres located in the USA and Mexico to serve the manufacturing needs of customers in a wide variety of markets. It specialises in supplying, servicing and processing steel with unmatched efficiency, quality and service.