NLMK Group uses innovative technology for road in Lipetsk Region
NLMK Lipetsk, NLMK Group’s flagship production site, has completed the construction of a road in the village of Teploye, Lipetsk Region, employing a new soil stabilization technology which uses steel slag. This road will not need repairs for at least three years, and has a price tag three times lower than for regular asphalt and concrete roads.
NLMK and BFB, a resident of Skolkovo Innovation Centre, developed the soil stabilization technology which uses steel slag fines, a by-product of the steelmaking process.
First, special-purpose machines mix the existing soil with slag in equal parts. Then a small amount of cement and a unique modifier are added. This special compound makes the road surface stronger and more ductile. Then the roadway is compacted with pneumatic rollers to form a hard surface with a high load-bearing capacity.
In 2018, BFB used this technology for the construction of a 6,000 sq m of flooring in the Logistics Centre at NLMK Kaluga (part of NLMK Group). This time the innovative technology was used to repair the approximately 1 km long main road at Teploye Village, which has a total area of 4,000 sq m.
BFB has been a Skolkovo Innovation Centre resident since July 2018. The company is developing new technologies for BOF steel slag fines utilization in various sectors of the Russian economy.
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 12M 2018, the Company generated $12 billion in revenue and $3.6 billion in EBITDA. Net debt/EBITDA stood at 0.25х. 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"). 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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