In Q1 NLMK Group sales grew by 1% QoQ, to 3.7 million tons. Steel output totaled 4.2 million tons (flat QoQ), with facilities running at 96% capacity. Finished product sales increased by 7%, to 2.44 million tons, down by 5% YoY, driven by the growth in flat product sales from the Lipetsk site to export…
NLMK Group, an international steel company with facilities in Russia, Europe and the USA, boosted its spending on environmental projects and initiatives by 12% in 2016, to RUB 7.05 billion. The majority of funds were used for projects and initiatives to improve air quality. For example, NLMK Lipetsk upgraded gas cleaning systems at the refractory…
NLMK-Sort rebar and rolled wire mill has the capacity of 1 million tons per year. The Danieli mill can produce 6-16 m rebars and 5.5-22 mm rolled wire. A part of products (some 330 thousand tons of 5.5-6.5 rolled wire) is supplied to NLMK-Metiz, the rest is sold locally or exported. In 2017 the company…
The Taganrog Boiler-Manufacturing Plant “Krasniy Kotelschik” has concluded an agreement to supply a steam boiler and boiler equipment to Novolipetsk Iron and Steel Works. The boiler with the steam generation capacity of 220 tons per hour will be able to burn metallurgical and natural gas in various proportions. The utilization of the furnace gas in…
NLMK-Kaluga, the new generation electrometallurgical works and the largest producer of construction steel in the Central region of Russia, has produced the 4-millionth ton of steel. The works was put into operation in July 2013. It is capable of producing 1.5 million tons of steel and 0.9 million tons of rolled metal per year. “In…
Lipetsk Gipromez, one of the largest engineering and project design companies in the Russian metals and mining industry and part of NLMK Group, has been rebranded and renamed NLMK Engineering. The changes to the company’s name, logo and strategic positioning are a reflection of the extensive development it has undertaken over the last two years.…
NLMK president Oleg Bagrin said that the group was studying the option of buying rolling assets abroad, in particular on developed markets. “We like developed markets, as they provide stability and growth”, he said, adding that new assets should be complimentary to the existing ones and the company strategy. The group also strives to be…
By 2018 NLMK will increase iron ore concentrate output by 1.7 million tons, to 16.6 million tons. According to the company statement, in November 2016 it put into operation the pelletization factory at its Stoylensky GOK with the capacity of 6 million tons of pellets per year, which could be increased to 7.2 million tons.…
