Russia: NLMK Group opens R&D center for product innovation

NLMK Group, a global steel company, has opened a laboratory center in Lipetsk for microstructure analysis, which will analyze the properties of steel to develop new premium products and optimize metal processing techniques. The center is equipped with the latest high-precision measuring equipment. Several dozen unique devices enable more than a thousand types of microscopy…

Russia: NLMK to revise capital allocation in 2020

Due to increased volatility on global markets associated with the COVID-19 outbreak, NLMK Group is withdrawing its previously issued guidance on 2020 capex program of $1.1-1.2 billion for a downward revision. Commencement of certain expansion projects could be postponed. At the same time, the company is proceeding with its major overhauls at NLMK Lipetsk primary…

Russia: NLMK introduces digital assistant for suppliers

NLMK Group, a global steel company, has launched a “virtual assistant” pilot: a digital service for real-time interaction with suppliers and optimization of standard supply chain operations. The virtual assistant, powered by QUBO dialogue system, is a chat-bot integrated in the corporate website. The assistant replies to questions received from suppliers about participation in procurement…

Russia: NLMK Group launches new startup portal

NLMK Group has launched NLMK.lab, a new internet platform, designed to attract partners for joint innovation projects. This platform offers a convenient channel for developers to reach out to end business customers, and hands-on peer-review of their project. The best solutions will be field-tested at NLMK Group’s production sites around the world. NLMK offers its…

Russia: NLMK Group approves Integrated Quality Management System Policy

NLMK Group, a global steel company, announces the approval of its Integrated Quality Management System Policy. A single corporate document now encompasses the company’s quality, environmental protection, production safety and energy efficiency goals and commitments. The policy has been approved as part of the development of the company’s Integrated Management System and meets the requirements…