Phase 1 of the Programme
Phase 1 of Technical Upgrading and Development Programme (2000 – 2005)
The following principal objectives were accomplished:
- Increase the efficiency of the production process and maintain low cost production structure. The cost of production per tonne of slabs on a consolidated basis was USD163 in H1 2006;
- 10% growth of steel production volumes resulted in increasing NLMK’s sales revenue and profitability;
- 34% growth of production in high value-added segment from 2001 to 2005;
- Improvements in quality. The whole NLMK’s product portfolio has complied with requirements set forth in ISO 9000 (2000 edition) since 2003 as well as International Standard ISO/TU 16949:2002 since 2004;
- - Lessen environmental impact of company’s operations. The reduction of atmospheric emissions from 2001 to 2005 accompanied by growing production volumes was 13.5%.
