Altai-Koks embarks on equipment assembly for stamp charging
NLMK Group, a global steel company, has embarked on the assembly of main process equipment to implement the stamp charging technology at its operating coke oven battery at Altai-Koks, a leading Russian manufacturer of metallurgical coke.
Instead of the conventional top charging method, stamped charging involves feeding compacted coal briquettes into the oven horizontally. Stamping technology is being implemented at Coke Oven Battery No. 5, the most advanced coke oven battery at Altai-Koks, launched in 2006. It has a design capacity of 1.1 mtpa.
The project, which is worth a total of 4.5 billion rubles, will boost coke quality, reduce the cost of its production, and improve the environmental footprint of operations.
Stamping technology solutions are supplied by HuDe (Germany), a global leader in the field. Currently, construction of main reinforced concrete structures for the coal storage bunker equipped with stamping machines is being completed, installation of conveyors and machines for feeding stamped charge into the oven is underway. The revamped battery will be equipped with advanced and efficient off-gas collection and cleaning systems.
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 wind turbines.
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 a highly competitive cash cost among global manufacturers and one of the highest profitability levels in the industry. In 6M 2018, the Company generated $5.9 billion in revenue and $1.7 billion in EBITDA. Net Debt/EBITDA stood at 0.31x. The Company has investment grade credit ratings from S&P, Moody’s, Fitch and RAEX (Expert RA).
NLMK’s ordinary shares with a 18.6% 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 RUB1. For more details on NLMK shareholder capital please follow the link.
The jury of the prestigious S&P Platts Global Metals Awards held by S&P Global Platts, a leading international industry analytical periodical, announced NLMK Group as winner of the Industry Leadership Awards – Steel in 2016, and awarded it the CEO of the Year in 2018.
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