NLMK Lipetsk, NLMK Group’s flagship production site, has delivered electrical non-grain oriented (NGO, or dynamo) steel to Ruselprom (Russian Electrotechnical Group), a leading manufacturer and supplier of electrical machinery in Russia. NLMK’s NGO steel will be used to manufacture generators for the Azov wind farm, Rostov region’s first-ever renewable energy project. The 90 MW Azov…
The high quality of Evraz Kachkanarsky Mining and Processing Works pellets and the client-oriented approach of the company have been noted by NLMK. The NLMK provision service, while evaluating the operation with suppliers in 2018, awarded Evraz KGOK the A class (the party with the high level of delivery reliability) giving it the highest points…
NLMK Group, a global steelmaker, is pleased to announce the appointment of Vyacheslav Vorotnikov as Managing Director of NLMK Lipetsk, effective as of August 5. Vorotnikov previously held the position of NLMK Lipetsk’s Director of Production Planning and Organization. Sergey Filatov, who previously headed NLMK Lipetsk, has decided to step down as Managing Director for…
This year NLMK intends to finally decide on the construction of a transformer steel plant in India. According to the group CEO Grigoriy Fedorishin, investments are estimated at $100-150 million. Now NLMK is looking for a suitable site. The group can also carry out this project in Russia, but is more interested in India, to…
NLMK Group, a global steel company, is migrating its online marketplace https://nlmk.shop/ and customer service to SAP C/4HANA platform (formerly known as SAP Hybris), a part of SAP Customer Experience solutions portfolio, to enable prompt delivery of a wide range of steel products and a unique customer service offer. NLMK’s e-marketplace for SME’s https://nlmk.shop/ was…
NLMK Group, a global steel company, has signed cooperation agreements with leading players in the steel trading market: Metallservis and Steel Industrial Company, whose total sales in 2018 amounted to 4.3 million tons of steel products. As part of the partnership, traders will be able to showcase their entire product range through NLMK’s https://nlmk.shop/ online…
Russian steelmaker Novolipetsk Steel (NLMK) is considering launching a $100-150-million plant producing grain-oriented electrical steel in India, a company spokesperson said in a statement. “The project is in progress. We are considering locating a part of the grain-oriented electrical steel business. Investment can amount to $100-150 million. The decision has not been made yet,” the…
NLMK Group has published its Q2 financial results. Revenue decreased by 10% YoY, due to lower sales volumes (-3%) as a result of overhauls at NLMK Lipetsk blast furnace (BF) and basic oxygen furnace (BOF) operations, and lower sales prices. Group revenue decreased by 3% QoQ, to $2.8 billion. The decrease in output was partially…