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NLMK Announces New Director for Long Products and Hardware
06/05/2009 - Novolipetsk Steel announces the appointment of Olga Naumova to the newly created position of Director for Long Products and Hardware.
Novolipetsk Steel (NLMK) has appointed Olga Naumova to the newly created position of Director for Long Products and Hardware.
In her new position, Naumova will manage the NLMK Group’s long and wire products assets.
Born in 1972, Olga Naumova graduated from Moscow State University in 1994. Prior to joining NLMK, she held the position of Director General in the Severstal-Metiz Group of companies.
Novolipetsk Steel is a world-class steel producer with operations spanning mining, steelmaking and rolling. A vertically integrated steel producer, NLMK’s operations are conducted through its main steelmaking and rolling facility in Lipetsk, which has a total annual steelmaking capacity of about 9.4 million tonnes of crude steel; the Danish steel rolling company, DanSteel A/S; and Russian electrical steel manufacturer VIZ-Stal.
NLMK also operates Stoilensky, Russia’s third-largest iron ore producer; Russian coke-chemical producer JSC Altai-koks; and mining operations including Dolomite, a furnace dolomite producer, and Stagdok, a fluxing limestone producer. The company also owns LLC Independent transport company (NTK), which coordinates cooperation with both OJSC Russian Railways and ports administration for export destined supplies.
In 2008, NLMK reported sales revenue of USD11.7 billion, an EBITDA margin of 39%, and the production of 10.5 million tonnes of steel. The company’s range of products includes pig iron, slabs, hot-rolled steel, and a variety of value-added steel products, such as cold-rolled sheet, electrical steel and other specialty flat products.
