Russian steelmaker Novolipetsk Steel (NLMK) will continue exports of metal products to the E.U. as usual after the union’s introduction of temporary protective duties, a representative of the company reported. “We expect the tariff quotas to allow us to continue supplies as usual,” the NLMK representative said. The E.U. earlier introduced protective tariff quotas on…
NLMK Group, a global steel company, is pleased to announce the opening of a new service center, NLMK South Africa, which will supply abrasion-resistant (NLMK Quard) and high-strength (NLMK Quend) thick plates produced at the Belgian NLMK Clabecq. NLMK South Africa will also make parts of these steels as per customers’ requirements. NLMK South Africa…
In April-June steel output grew by 1%, to 4.38 million tons driven by high capacity utilization at the NLMK Russia Long Products Division. The 6% YoY growth was associated with the increase in demand for group products on its key markets. Group sales increased by 6% QoQ, to 4.38 million tons due to the growth…
In June the sales of metal via railroad from NLMK totaled 961.9 thousand tons, up by 7.2% YoY. In 6 months sales grew by 4% YoY, to 6.46 million tons. This is the highest result in the past several years. This year deliveries to domestic customers grew by 18.2% YoY, to 2.23 million tons, while…
NLMK has selected the supplier of machinery and started design work to replace the transfer table of the hot-rolling mill-2000. The project will increase the reliability of the machine and the quality of the products. The mill has been operating since 1977. The new machinery will be supplied by Novokramatorsk Machine-Building Works (Ukraine). Commissioning is…
NLMK Group, a global steelmaker, participated in CWIEME Berlin 2018, the leading event for electric motor and transformer manufacturing technologies, which took place in Berlin on June 19-21. Every year CWIEME Berlin brings together over 750 exhibitors from more than 80 countries around the world, including the largest manufacturers of electric motors, transformers, generators, as…
NLMK Group, a global steel company, is designing equipment to implement stamp charging process at Altai-Koks. This will boost coke quality and reduce the cost of its production through use of more cost-efficient grades of coking coals. Stamping technology is under implementation at coke plant No. 5, launched in 2006 with a design capacity of…
At the Annual General Shareholders’ Meeting (AGM) held on June 8 in Lipetsk, NLMK shareholders voted to confirm Grigory Fedorishin as the Group’s President and Chief Executive Officer; and to elect a new Board of Directors, with a majority of independent directors (five seats out of nine). Nine members of the Board of Directors were…