Altai-Koks, a leading Russian producer of metallurgical coke and a company of NLMK Group, has begun hot tests of a coal ramming unit at an operating coke oven battery. The introduction of compaction technology will improve the quality of coke, reduce the cost of production and improve the environmental performance of production.
According to the compaction technology, coal is loaded into the coke oven not in bulk from above, but horizontally, in the form of a pre-compacted, compacted coal briquette. The technology was introduced at the fifth, most modern coke oven battery of the enterprise. Its production capacity is 1.1 million tons of coke per year. The new complex is equipped with a modern and efficient gas cleaning system.
Investments in the project amounted to 4.8 billion rubles.
Testing will last until October.
Information about NLMK Group
NLMK Group is a vertically integrated steel 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 6 months of 2018 amounted to $ 5.9 billion, EBITDA - $ 1.7 billion. The Net Debt /EBITDA ratio was 0.31x. The company has investment grade credit ratings from S&P, Moody's, Fitch and RAEX (Expert RA).
NLMK's common shares, free-float of 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. For more information on NLMK's share capital, please follow the link.
The jury of the prestigious international competition S&P Global Platts Metals Awards, held by the leading international industry and analytical publication S&P Global Platts, in 2016 recognized the NLMK Group as the world “Leader of the steel industry "(Industry Leadership Awards - Steel), in 2018 awarded the CEO of the Year award.
For more information about NLMK Group, visit the website.
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