Novolipetsk Iron and Steel Works signed a contract to equip a new 3D printing center, which will produce spare parts for production equipment. The project will save about 200 million rubles annually on purchases and prompt supply of spare parts for the Lipetsk site and other enterprises of the NLMK Group.
The center's 3D printers will be used to manufacture molds for casting parts using inkjet technology by applying powder and gluing it with a binder. Previously, such forms were made using wooden model equipment. The use of digital modeling will allow you to create shapes of any geometric complexity and check them for defects even before casting, as well as reduce the production time to several hours.
The decision to create the center was preceded by successful trials of 3D printing technology, in particular molds for casting blast tuyeres. At the initial stage, the center will produce about 150 types of parts.
Information about NLMK Group
NLMK Group is a vertically integrated metallurgical company, the largest in Russia and one of the world's most efficient steel producers.
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, and the company's profitability is one of the highest in the industry. The company has investment grade credit ratings from S&P, Moody's, Fitch and Expert RA.
NLMK's common shares, with free-float of 20.7%, 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.
You can download photos and corporate videos of NLMK Group from the media bank at the link.
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