NLMK Group, previously known as Novolipetsk Steel, is one of the leading international steel companies with operations in Russia, Europe, and the United States.
Headquartered in Moscow, the company is renowned for its advanced technologies and high-quality products and is a significant player in the steel industry. NLMK primarily focuses on the manufacturing and distribution of steel products, including semi-finished steel, flat products, and long steel products.
The strategic location of the company’s production facilities facilitates efficient distribution to both domestic and international markets. Operating steel mills, processing facilities, and mining operations, NLMK Group guarantees a vertically integrated supply chain that improves efficiency and quality of output. Additionally, the business is dedicated to environmental responsibility and sustainability, putting in place a number of programmes to reduce its ecological footprint and advance sustainable development methods.
A wide range of industries, including construction, automotive, machinery, and energy, is served by NLMK’s product portfolio. Customers all over the world are drawn to its premium steel products because of their dependability, performance, and durability. In order to stay ahead of consumer demands and market trends, the company consistently makes investments in research and development to innovate and enhance its product offerings.
Apart from concentrating on producing high-quality products, NLMK Group also prioritises social responsibility and corporate governance. Transparency, honesty, and moral business conduct are given top priority by the company in all aspects of its operations. It actively interacts with all relevant parties, such as shareholders, communities, and workers, in order to promote goodwill and promote long-term growth.
NLMK Group, a leader in the steel industry on a global scale, is able to adapt and remain resilient in the face of changing market conditions and obstacles. Through technological innovations, strategic investments, and a dedication to quality, the company keeps fortifying its position in the global marketplace and advancing the economies of the areas in which it conducts business.
The brain behind this successful venture is 67-year-old Vladimir Sergeyevich Lisin, a Russian billionaire businessman. He is the chairman and majority shareholder of the company.
In 2021 Vladimir Sergeyevich Lisin was the richest man in Russia and 58th richest in the world with an estimated net worth of USD 26.6 billion, according to the Bloomberg Billionaires Index.
Recently, in order to learn about the development and implementation processes of the Steel Manufacturing Simulation and Visualisation Consortium (SMSVC) Smart Ladle, members of the automation team from NLMK USA paid a visit to the Centre for Innovation through Visualisation and Simulation (CIVS). The visit has to do with the SMSVC Smart Ladle, a piece of software that foretells future ladle and casting process temperatures using artificial intelligence.
Different SMSVC member companies have collaborated with CIVS to create specially tailored Smart Ladle implementations for their respective locations. A better grasp of the steps involved in getting data ready and training the models that the NLMK engineers used to create the Smart Ladle piqued their curiosity. A demonstration of the Smart Ladle’s logic and code was provided to them, along with pointers on how to get raw site data ready for machine learning.
In order to forecast future behaviour in the steel refining and casting processes, an artificial intelligence tool called Smart Ladle is being developed. Industry process data and machine learning are the sources of this data.
Image Credits: Wikipedia