Russian steelmaker NLMK Group has announced that it has opened a new sales office in Lima, Peru to bolster its position in the promising Peruvian market and also provide convenient supply routes to the entire South American Pacific coast. The new sales office will focus on supplying plates for the production of equipment and abrasion-resistant components for the mining sector.
“There is only one steelmaker in Peru that supplies products similar to NLMK’s; so the growing demand is covered by imports. Currently, the Peruvian market for abrasion-resistant and high yield strength steel consumes a total of 15,000-20,000 mt per year. Over the next five years, we aim to increase our share in this niche segment to 30 percent and to consolidate our presence in the countries on the South American Pacific coast,” said Ilya Gushchin, NLMK Group’s vice president for sales.