NLMK, the Lipetsk site of NLMK Group, has started the installation of heating furnace equipment in the hot-rolled shop. In place of the pusher-type furnace of the previous generation, a walking beam furnace is installed.
This will increase the production of the hot rolling mill by 110 thousand tons per year (+ 2%), improve product quality due to more advanced technology unloading billets to the rolling mill, reduce energy consumption by 50% and almost halve atmospheric emissions in this section.
Investment in the project will amount to 4.4 billion rubles. The production capacity of the renovated furnace is 320 tons per hour (2.25 million tons per year).
“Construction of the heating furnace is one of the key projects of NLMK's investment program. The equipment renewal is aimed, among other things, at the development of the sales portfolio by improving the quality of products. The start-up of the unit will not only increase the production of NLMK's rolled steel, but also make it possible to completely switch to a highly efficient and resource-saving technology for heating steel billets before rolling, ”commented NLMK Managing Director Sergey Filatov.
The furnace is being updated. in the conditions of existing production and without reducing the capacity of the hot rolling mill. Construction began in July 2018. At present, the foundation works have been completed at the construction site, mechanisms for transporting slabs have been installed, and the furnace body is being installed. It is planned to complete the reconstruction in September 2019 and start the unit in operation in October.
In 2004-2011. a new generation of furnaces was installed at the hot rolling mill. The renewed furnace will be the fourth in a row, its commissioning will also allow the decommissioning of the last old heating furnace.
During the design of the furnace and the organization of construction and installation works, for the first time in the NLMK Group, a full cycle of BIM technology (Building Information Modeling) was applied , which made it possible to develop a digital twin of the future unit and the construction process, eliminate possible errors in advance, and optimize the volume and schedule of construction and installation work at the design stage.
Information about NLMK Group
NLMK Group is a vertically integrated metallurgical company, the largest in Russia and one of the world's most efficient producers of steel products.
NLMK Group metal products are used in various industries, from construction and mechanical engineering to power equipment and offshore wind turbines.
NLMK's production assets are located in Russia, Europe and the United States. The company's steel production capacity exceeds 17 million tonnes per year.
NLMK demonstrates high cost competitiveness among global manufacturers, and the company's profitability is one of the highest in the industry. The company's revenue for 2018 was $ 12 billion, EBITDA was $ 3.6 billion. The Net Debt /EBITDA ratio was 0.25x. The company has investment grade credit ratings from S&P, Moody's, Fitch and RAEX (Expert RA).
NLMK's common shares, which free-float is 16%, are traded on the Moscow Stock Exchange (ticker “NLMK "), Global depository shares - on the London Stock Exchange (ticker" NLMK: LI "). The share capital of the Company is divided into 5,993,227,240 ordinary shares with a par value of 1 Russian ruble. More information about NLMK's share capital can be found here.
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