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- NLMK continues environmental upgrade of blast furnace operations
NLMK continues environmental upgrade of blast furnace operations
NLMK Lipetsk has embarked on stove overhauls at Blast Furnace No. 4 with a capacity of 2.1 million tonnes of pig iron per year. The project will enable a 98% reduction in carbon oxide (CO) emissions.
The environmental upgrade will be completed without stopping the blast furnace. The project plan for 2022-2024 is to successively replace three stoves, units that reduce fuel consumption in pig iron production by heating up and supplying oxygen-enriched air into the blast furnace. The design of the new stoves and an improved fuel gas afterburning system will bring the furnace’s environmental performance in line with the best available technologies.
This project is a new stage in boosting the furnace’s sustainability following the completion of capital repairs at the beginning of the year. As part of the upgrade, the furnace was equipped with dedusting systems with a 99.9% purification rate. All the filtered dust is now reintroduced into the production process as ferrous raw material for pig iron manufacturing, and the purified blast furnace gas is used as a secondary energy resource.
Investment in the stove overhaul projects will exceed RUB 6 billion.
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. The Company has investment grade credit ratings from S&P, Moody’s, Fitch, and Expert RA.
NLMK’s ordinary shares with a 20.7% 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.
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