NLMK Group, a global steel company, has rolled out a wireless 5G network at its main production site in Lipetsk. The network enables speeding up and boosting the performance of existing digital solutions. Down the line, it will support direct interaction between units of equipment and boost the self-sufficiency of production process management.

The new network is able to support the connection of up to 1 million devices per 1 km2 and process data at a speed of up to 1 GB per second, which is more than 100 times faster than 4G networks. High signal speed and reliability enable gathering and analyzing data instantaneously, and therefore adjusting equipment operations automatically in real time.

The 5G network is coupled with EDGE computing, a technology that brings computation and data storage closer to the sources of data - sensors or other digital devices installed on the equipment - instead of using remote servers. This ensures a greater speed and digital service autonomy.

The 5G network at NLMK Lipetsk works in conjunction with the Company's own digital platform, a software complex that sorts sets of data on equipment operations and makes them available to the users. This facilitates the development and launch of new digital products.

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 18 million tonnes per year.

NLMK's ordinary shares with a 20.7 % free-float are traded at the Moscow Stock Exchange (ticker "NLMK") and its global depositary shares are traded at the London Stock Exchange (ticker "NLMK:LI"). The share capital of the Company is divided into 5,993,227,240 shares with a par value of RUB 1.

For more details on NLMK shareholder capital please follow the link.

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OAO NLMK - Novolipetskiy Metallurgicheskiy Kombinat published this content on 12 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 January 2023 08:09:02 UTC.