Novolipetsk Metallurgical Plant, the flagship enterprise of NLMK Group, has implemented a digital service in sinter production, which helps to ensure a stable chemical composition of raw materials and, as a result, reduce fuel consumption in pig iron production.
The digital solution is used in production agglomerate - iron-containing raw materials for iron smelting. The system helps to form a mass of iron ore concentrate and lime, mixed in a predetermined proportion, which are components for the manufacture of sinter. The dosing accuracy ensures a stable chemical composition of the product, the use of high-quality agglomerate allows to reduce fuel consumption when smelting pig iron.
Previously, employees made the decision on the proportions of mixing various ingredients manually based on technical regulations and instructions. In the conditions of heterogeneity of raw materials and high production intensity, it was difficult to calculate the required dosage without error. Now the service calculates the correct composition on the basis of data on the amount and chemical composition of the unloaded materials.
The annual economic effect from the implementation of a digital solution is estimated at 100 million rubles.
Currently, teams consisting of from production employees and specialists in digital solutions, they are implementing more than 50 services at various production stages and sites of the NLMK Group. The solutions are aimed at increasing productivity, reducing costs, improving product quality, improving customer service and other goals.
Information about NLMK Group
NLMK Group - vertical an integrated metallurgical company, the largest in Russia and one of the most efficient producers of steel products in the world.
NLMK Group's steel 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 USA. The company's steel production capacity exceeds 17 million tonnes per year.
NLMK demonstrates high cost competitiveness among global manufacturers, the company's profitability is one of the highest in the industry. The company's revenue for 2019 was $ 10.6 billion, EBITDA was $ 2.6 billion. The Net Debt /EBITDA ratio was 0.7x. The company has investment grade credit ratings from S&P, Moody's, Fitch and RAEX (Expert RA).
NLMK's common shares, which have a free-float of 18.6%, 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.
For more information about NLMK Group, visit the website.
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