OJSC Nizhniy Tagil Iron and Steel Works (russian: ОАО «Нижнетагильский металлургический комбинат», Niznhetagilsky Metallurgichecky Kombinat) is a Russian

steel Steel is an alloy made up of iron with added carbon to improve its strength and fracture resistance compared to other forms of iron. Many other elements may be present or added. Stainless steels that are corrosion- and oxidation-resistant ty ...

manufacturer. It is part of the

Evraz Group EVRAZ plc (russian: Евраз) is a UK-incorporated multinational steel manufacturing and mining company part-owned by Russian oligarchs. It has operations mainly in Russia as well as the USA, Canada, and Kazakhstan. As of 2015, the ultimate b ...

. Its name is abbreviated as NTMK (russian: НТМК) or Nikom and NTMK is listed in RTS Index.

History

The company is located in the

Ural Mountains The Ural Mountains ( ; rus, Ура́льские го́ры, r=Uralskiye gory, p=ʊˈralʲskʲɪjə ˈɡorɨ; ba, Урал тауҙары) or simply the Urals, are a mountain range that runs approximately from north to south through western ...

, in the city of Nizhniy Tagil, in

Sverdlovsk Oblast Sverdlovsk Oblast ( rus, Свердловская область, Sverdlovskaya oblast) is a federal subject (an oblast) of Russia located in the Ural Federal District. Its administrative center is the city of Yekaterinburg, formerly known as S ...

. The city has been a steel-making center for centuries, and the company's website boasts a long historical association with the industry. Large-scale steel manufacture began in 1725, at the end of the reign of

Peter the Great Peter I ( – ), most commonly known as Peter the Great,) or Pyotr Alekséyevich ( rus, Пётр Алексе́евич, p=ˈpʲɵtr ɐlʲɪˈksʲejɪvʲɪtɕ, , group=pron was a Russian monarch who ruled the Tsardom of Russia from t ...

. At this time in the town's history, half of the output was exported to

England England is a country that is part of the United Kingdom. It shares land borders with Wales to its west and Scotland to its north. The Irish Sea lies northwest and the Celtic Sea to the southwest. It is separated from continental Europe b ...

. In 1992 NTMK underwent

privatization Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when ...

and was organized into a

joint-stock A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareholders are ...

company.

Operational details

The city is convenient to the

Yekaterinburg Yekaterinburg ( ; rus, Екатеринбург, p=jɪkətʲɪrʲɪnˈburk), alternatively romanized as Ekaterinburg and formerly known as Sverdlovsk ( rus, Свердло́вск, , svʲɪrˈdlofsk, 1924–1991), is a city and the administra ...

- Perm railway and through the Kama River to the

Volga River The Volga (; russian: Во́лга, a=Ru-Волга.ogg, p=ˈvoɫɡə) is the List of rivers of Europe#Rivers of Europe by length, longest river in Europe. Situated in Russia, it flows through Central Russia to Southern Russia and into the Cas ...

. The

ore Ore is natural rock or sediment that contains one or more valuable minerals, typically containing metals, that can be mined, treated and sold at a profit.Encyclopædia Britannica. "Ore". Encyclopædia Britannica Online. Retrieved 7 April 2 ...

stock in the Nizhniy Tagil region is vanadium-rich. The company has pioneered the blast oxygen process of steelmaking and according to its website, it has the world's largest H-beam manufacturing facility. NTMK specializes in manufacturing

rolling stock The term rolling stock in the rail transport industry refers to railway vehicles, including both powered and unpowered vehicles: for example, locomotives, freight and passenger cars (or coaches), and non-revenue cars. Passenger vehicles can b ...

, train wheels and train rails.

External links

Nizhniy Tagil Iron and Steel WorksEvraz GroupNizhniy Tagil Steel Fabricating Plant, photograph of a bird's-eye perspective drawing, Albert Kahn Associates, 1930s
Canadian Centre for Architecture Evraz Steel companies of the Russian Soviet Federative Socialist Republic Companies based in Sverdlovsk Oblast Companies formerly listed on the Moscow Exchange Nizhny Tagil Cultural heritage monuments of regional significance in Sverdlovsk Oblast {{Russia-company-stub