NLMK Group to employ new technology to boost quality and reduce cost of coal production
Stamping technology is under implementation at Coke Plant No. 5, which launched in 2006 with a design capacity of 1.1 mtpa, and covers 25% of all Altai-Koks production needs. The scope of the project includes an overhaul of the plant, construction of a storage bunker equipped with stamping machines, and installation of conveyors and machines for loading stamped charge into the oven.
Instead of the conventional top charging method, stamped charging involves feeding already compacted coal briquettes into the oven horizontally. This ensures a better quality of coke and a reduction in the share of expensive grades of coal, as stamped coke particles bake better, boosting the CSR and increasing resistance to mechanical stress during transportation and loading into the blast furnace.
Konstantin Lagutin, NLMK Group Vice President, Investment Projects, said:
“Altai-Koks covers NLMK Group’s coke requirements. Stamping technology will enable us to reach two goals, both improving the quality of coke and reducing its production cost, thus boosting the efficiency of NLMK’s blast furnace operations. The upgraded Coke Plant will be equipped with highly efficient, advanced systems for capturing and treating off-gases, significantly improving the environmental performance of the process.”
Project investment will total 57 m euro. The project is currently in the design stage, with the equipment for the coke plant upgrade currently in the manufacturing stage. Set-up and start-up operations are planned for H2 2019.
About NLMK Group
NLMK Group is the largest steelmaker in Russia and one of the most efficient in the world.
NLMK Group’s steel products are used in various industries, from construction and machine building to the manufacturing of power-generation equipment and offshore windmills.
NLMK operates production facilities in Russia, Europe and the United States. The Company’s steel production capacity exceeds 17 million tonnes per year.
NLMK has the most competitive cash cost among global manufacturers and one of the highest profitability levels in the industry. In 3M 2018, the Company generated $2.79 billion in revenue and $0.8 billion in EBITDA. As of 31 March 2018, Net debt/EBITDA stood at 0.31х. The company has investment grade credit ratings from S&P, Moody’s and Fitch.
NLMK’s ordinary shares with a 16% free-float are traded on the Moscow Stock Exchange (ticker "NLMK") and its global depositary shares are traded on the London Stock Exchange (ticker "NLMK:LI"). The share capital of the Company is divided into 5,993,227,240 shares with a par value of RUB 1. For more details on NLMK shareholder capital, please follow the link.
NLMK Group received the Steel Industry Leadership Award at the prestigious 2016 Platts Global Metals Awards held by S&P Global Platts, a leading international industry analytical periodical.
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