NLMK Group, an international metallurgical company, has begun hot tests at a factory for the production of metallurgical briquettes for blast furnaces. The project will allow obtaining raw materials from blast-furnace waste, as well as processing previously accumulated waste.
The production technology is the company's own development. Its idea belongs to the honorary metallurgist of the Russian Federation, professor, former chief blast furnace operator of the Novolipetsk plant Ivan Kurunov, who died tragically in 2017. It was under his leadership that the concept of the factory was developed. The capacity of the new production complex is 700 thousand tons of briquettes per year.
Briquettes are made from iron-containing waste generated in the process of cleaning blast furnace gas, as well as capturing coke and coal dust. The technology for the production of briquettes is based on an environmentally friendly method of pressing without firing. The resulting briquettes will be used as a raw material in the iron smelting process and will partially replace primary iron ore and coal raw materials.
“Since 2000, the company has invested over $ 1 billion in environmental projects. This made it possible to reduce specific emissions by more than 50% while production increased by 60%. We have reached the level of the best available technologies (BAT) in Russia and consider all modernization and new construction projects through the prism of BAT. The briquetting plant was also built using BAT and is an excellent example of environmentally friendly and resource-saving production, which at the same time allows us to increase our efficiency, "commented NLMK Group President Grigory Fedorishin.
A highly efficient dust and gas cleaning, which will avoid dusting during handling of bulk solids and provide air purification at the BAT level.
Investment in the project amounted to 3 billion rubles. The implementation of the project creates about 200 new jobs at NLMK.
Information about NLMK Group
NLMK Group is a vertically integrated metallurgical company, the largest in Russia and one of the most efficient steel producers 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 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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