NLMK Group, a global steel company, continues to offer support to local communities in the regions where it operates and to provide social assistance to current and former employees.
NLMK Lipetsk, NLMK Group’s flagship production site, has completed performance testing of new air purification systems installed on facilities that underwent capital repairs in late 2019, namely Basic Oxygen Furnace No. 2, which has a capacity in excess of 3 million tonnes of steel per year and Blast Furnace No. 6, which has a capacity of 3.4 million tonnes of pig iron per year.
NLMK Group was ranked sixth among steel companies globally by total shareholder return (TSR) in the 2020 Value Creators report, a ranking compiled by The Boston Consulting Group (BCG) that covered a five-year period from 2015 through to 2019.
NLMK Lipetsk has completed assembly of the main process equipment at its Continuous Casting Machine No. 9 (CCM-9), one of its key Strategy 2022 projects. Commissioning and start-up are currently in progress at the production complex.
The Mercy (‘Miloserdiye’) Charitable Foundation, NLMK Group’s charity partner, is to allocate 500 million rubles to support the regions in which the Company operates in containing the spread of the novel coronavirus COVID-19.