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Evraz to consolidate ZSMK, NKMK steel mills

Source:Ringier Release Date:2011-04-10 111

Evraz Group plans to consolidate two of its Russian steel mills, ZSMK and NKMK. The enterprise will be named Evraz – Consolidated West Siberian Metallurgical Combination.  This step will allow simplification of managerial processes and formulation of single standards in the sphere of health safety and environment, railway, automobile and warehouse logistics, procurement, social policy and human resources management.

The consolidated enterprise will complete a large scale modernisation of the rail and beam production and will produce globally competitive 100-metre differentiated thermo-strengthened rails. It will also implement a number of large projects, which will introduce new technologies in steel-making production, expand the construction product line group and introduce the pulverised coal injection technology into blast furnaces. The annual capacity of the consolidated enterprise will amount to six million tonnes of pig iron, 8.5 million tonnes of steel and more than 7.3 million tonnes of steel rolled products.“The ongoing modernisation of the consolidated enterprise will allow Evraz to become one of the world leaders in production of long products for transportation, which are also necessary within the context of implementation of the federal programme by Russian Railways on the development of high speed transportation,” said Alexey Ivanov, Evraz Group’s VP – Head of Steel Division.

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