In Q2 2017, NLMK Group sales grew by 13% QoQ and by 5% YoY, to 4.2 million tons. Steel output totaled 4.1 million tons (-2% QoQ), with facilities running at 98% capacity. Group sales grew driven by the seasonal uptick in sales of finished products in the Russian market. Finished product sales increased by 19%,…
NLMK Group is bringing a series of new premium grade transformer steels to the global market. The new grades of steels are designed for manufacturers of energy-efficient transformers, including those featuring stranded magnetic conductors, that are cost-efficient and easy to manufacture, and are widely used in individual housing construction. Advanced grades of transformer steel, namely…
NLMK Group has implemented the resource-saving pulverized coal injection (PCI) technology at 90% of its blast furnace capacities at NLMK Lipetsk. NLMK has launched hot-testing of the PCI unit at its most productive blast furnace, namely blast furnace No. 7 (with a capacity of 4.3 million tons per year). This technology involves co-injecting natural gas…
NLMK has completed its project begun in 2015 on the replacement of dust-gas filtering equipment at its refractory shop. As the result dust emissions have decreased by 18%, and the dust captured is returned to the manufacturing process as raw materials. The tests of the new electric filters have been carried out at the lime…
The NLMK Group bars division has opened up its first retail warehouse in Yekaterinburg. The new site will allow the company to supply small batches of rolled metal and metal wares to its clients. The first sales have already taken place. The warehouse boasts two cranes with the lifting capacity of 10 tons, a large…
According to World Steel Dynamics Inc., two Russian companies entered TOP-5 of the most competitive steel companies of the world. 37 companies participated in the research. Severstal was placed second with 7.79 points, while NLMK, fifth last year, went up one position. Posco heads the list with 8.31 points. (Ukrainian metal)
NLMK Group announces changes to its IT and R&D management team, which are both key vectors of the group’s forthcoming Strategy 2022. Dr. Bruno Charles De Cooman has been appointed to the newly created role of Vice President for Research and Development. The position covers the coordination of activities of the group’s research centers at…
In May railroad deliveries of rolled steel from NLMK to Russian customers and abroad totaled 1.08 million tons, up by 6.4% MoM and by 5.1% YoY. In April the sales were down by 11.6% MoM and by 5.5% YoY respectively. In May local deliveries reached 342 thousand tons, up by 25.8% MoM, but down by…
