NLMK has started modernizing its heavy quarry machinery park, having received 4 BelAZ-75453 trucks. The new model replaces the outdated BelAZ-7547. It features lower operational expenses and improved technical characteristics. The main novelty is a powerful engine. In June the new machines will start operating. At present the company uses 31 BelAZ quarry dump trucks.…
NLMK Group, a global steel company with operations in Russia, the USA, and the EU, has launched a project to upgrade its continuous casting line (CCM-9) at its flagship Lipetsk production site. The upgrade will enable an 80% boost in the capacity of the line (to 1.8 million tons per year), and the production of…
The judges of the prestigious S&P Global Platts Global Metals Awards applauded the role that NLMK Group’s top management team played in the success of Strategy 2017 and recognized Oleg Bagrin, member of the Board of Directors, who presided over the company from 2012 to March 2018 and was the architect of its previous five-year…
NLMK will construct another continuous-casting machine to replace the one, operating since 1976. SMS group will supply all the necessary machinery. The capacity of the new CCM will be 2 million tons per year. The new machine will allow NLMK producing billets with the thickness of 400 mm and width of 2800 mm. The CCM…
In April railroad sales of rolled metal by NLMK to Russian customers and abroad reached 1.08 million tons, down by 9.8% MoM, but up by 5.5% YoY. In March the results were +19.2% and +3.4%, while in February –11.4% and +2.3% respectively. In January-April the company shipped 4.4 million tons of metal, up by 4.1%…
In April railroad deliveries of rolled metal produced by NLMK to domestic customers and abroad totaled 1.08 million tons, down by 9.8% MoM, but up by 5.5% YoY. In March the results were +19.2% and +3.4%, while in February –11.4% and +2.3% respectively. In January-April the company shipped 4.4 million tons of metal, up by…
NLMK Group, a global steel company, announces that Sergey Karataev has decided to step down as NLMK Group’s Acting CFO. He has decided to continue his professional growth beyond the financial function as First Deputy General Director of Freight One (PGK), NLMK Group’s affiliate. NLMK Group is currently considering candidates for the CFO role. Details…
NLMK Group, a global steel company, has appointed Dmitriy Kolomytsyn Director, IR & Capital Markets. Kolomytsyn previously held the position of Head of Corporate Development. Sergey Takhiev, who previously headed NLMK Group’s Investor Relations, has decided to continue his professional growth in another company. Dmitriy Kolomytsyn joined NLMK Group in 2016. As Head of Corporate…
