NLMK Group, an international metallurgical company, won the Rusbase Digital Awards 2021 in the Production category. The prizes are awarded to companies for digital solutions aimed at improving business efficiency through innovative technologies. NLMK Group has nominated the Gefest solution for building optimal intrashop logistics for steelmaking.
The Gefest service operates in one of the Novolipetsk Metallurgical Plant's steel shops. It allows you to systematically plan the movement of ladles with molten metal in the shop in order to prevent excessive cooling of the metal and the associated additional costs when fulfilling the production plan.
A digital solution based on mathematical models generates a schedule of equipment operation taking into account the current volume of orders, and the mnemonic diagram - an interactive map of the shop - using machine vision allows you to determine in real time the location of technological transport and, if necessary, rebuild the operational work plan. The implementation of the service saves up to RUB 100 million per year.
NLMK Group's digital transformation program involves dozens of cross-functional teams that develop, implement and improve hundreds of digital solutions. The company has created a digital ecosystem that ensures effective teamwork, the sustainability of products created, the accumulation of knowledge and an environment for interaction with more than 30 partner companies, including through the creation of their own platforms for collaborative development and machine learning.
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.
The Group's steel products NLMK is 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 has investment grade credit ratings from S&P, Moody's, Fitch and Expert RA.
NLMK's common shares, which have 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.