Strategy in action

  • $330million

    target net annual gains by the end of 2017

  • $280million

    using 2015 prices vs. 2013 base base-level

  • 1,817

    projects to improve operating efficiency

achievements in 2015

  • US operations achieved a 70% reduction in rejected hot-rolled steel.

  • The Company’s European operations continued to look at ways to cut fixed costs, including by headcount optimisation.

  • Improvement in equipment productivity across NLMK’s mining operations in 2015 helped boost production of iron ore concentrate by 820 thousand tonnes ... More

    Improvement in equipment productivity across NLMK’s mining operations in 2015 helped boost production of iron ore concentrate by 820 thousand tonnes per annum

  • NLMK’s long steel business unit improved process equipment productivity, increasing annual production by 30,000 tonnes.

  • New technology solutions and process optimisation enabled the Lipetsk site to improve equipment productivity, reduce the coke consumption rate by 20 ... More

    New technology solutions and process optimisation enabled the Lipetsk site to improve equipment productivity, reduce the coke consumption rate by 20 kg per tonne, enhance the use of return slag by 40% and reduce the level of rejected hot-rolled steel by 50%.