Nlmk. July

VIZ-Stal, a subsidiary of NLMK Group, is to expand its GO (transformer) steel production capacities by 40%, up to 240,000 tonnes, as a result of the commissioning of a 75 ktpy reversing cold-rolling mill. This RUR1.4 billion project is the main stage in establishing a process route for the production of premium-quality GO high-permeability steel (HPS). The planned production capacity for the mill, expected to be launched in Q4 2011, will be around 70 ktpy. The project is being ...

NLMK has upgraded its aspiration system in the refractory shop at Lipetsk to improve the efficiency of its gas cleaning equipment to the level of best available technologies. This project, worth RUR57 million, is part of the Company’s plan to minimize the impact of steel production on the atmosphere and to improve local ecology. The complex revamp of the gas cleaning system, which includes the installation of a new type of filter installation and a more efficient end-of-pipe ...

NLMK reports that a transformer failure has occurred at its Urals-based long products plant NSMMZ, resulting in the stoppage of one of the two Electric Arc Furnaces (EAF). No injuries occurred as a result of the incident. While the management is assessing the causes of the failure of the transformer and the impact of the EAF stoppage on output, part of the orders were transferred from the closed EAF to the second one.

NLMK, one of the world’s leading steel companies, is pleased to announce the completion of the previously announced deal to purchase the remaining 50% interest in Steel Invest and Finance (“SIF”) from Duferco Group (“Duferco”). The transaction will result in SIF becoming a 100% owned indirect subsidiary of NLMK. The cash consideration for the transaction is c.$600m, payable in four equal annual installments. The Company will finance the transaction out of ...

NLMK has successfully passed another audit conducted by TÜV SÜD, the independent German certifying agency, for compliance with the requirements of international standard ISO/TS 16949:2009, Quality management systems – Particular requirements for the application of ISO 9001:2008 for automotive production and relevant service part organizations. In the course of the audit, TÜV SÜD verified the Company’s operating processes and working documentation ...