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Novolipetsk Steel

October 16, 2021

NLMK Group tops Metal-Expo’2021 competitions

NLMK Group, a global steel company, received multiple awards at Metal-Expo’2021, the 27th International Industrial Exhibition, for projects aimed at developing energy-efficient steel grades, increasing equipment productivity, and enhancing customer service. It also topped Expo’s Best Exhibition Stand contest.

NLMK received gold medals for:

  • Developing and introducing a process for producing energy-efficient grades of grain-oriented and non-grain-oriented steel with improved magnetic properties.
  • Its project aimed at upgrading steelmaking operations at NLMK Lipetsk that boosted the productivity of one of its BOF shops by 15% to 10 million tonnes of steel, while decreasing the shop’s environmental impact due to new efficient gas purification systems capturing up to 99.9% of dust.

Additionally, the Company received a silver medal for its efforts to increase hot strip mill productivity at NLMK Lipetsk: in 2020, the mill’s output exceeded 6.5 million tonnes of rolled steel, which is 6.2% higher than in 2019 and 12% higher than the mill’s initial productivity.

NLMK.shop, the Company’s online store, topped Russia’s Best Internet Project 2021 organized by the Metal Supply and Sales Magazine, for the third time, this year in the Service nomination. The contest jury commended NLMK’s continuous efforts to enhance customer experience: expanding its offering and warehouse network, creating new opportunities for shipment, and accelerating order processing.

NLMK Group’s stand was named Expo’s Best Exhibition. The jury appreciated its design and functionality, and the active engagement of Company representatives.

About NLMK Group

NLMK Group is the largest steelmaker in Russia and one of the most efficient in the world.

NLMK Group’s steel products are used in various industries, from construction and machine building to the manufacturing of power-generation equipment and offshore wind turbines.

NLMK operates production facilities in Russia, Europe and the United States. The Company’s steel production capacity exceeds 17 million tonnes per year.

NLMK has a highly competitive cash cost among global manufacturers and one of the highest profitability levels in the industry. The Company has investment grade credit ratings from S&P, Moody’s, Fitch, and Expert RA.

NLMK’s ordinary shares with a 20.7% free-float are traded on the Moscow Stock Exchange (ticker "NLMK") and its global depositary shares are traded on the London Stock Exchange (ticker "NLMK:LI"). The share capital of the Company is divided into 5,993,227,240 shares with a par value of RUB1. For more details on NLMK shareholder capital, please follow the link.

For more details on NLMK Group, please visit our website.

For NLMK Group’s photos and corporate videos, please visit our media library.

 

 

 

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