Nizhniy Tagil Iron and Steel Works OJSC Nizhniy Tagil Iron and Steel Works is a Russian steel manufacturer . It is part of the Evraz Group . Its name is abbreviated as NTMK or Nikom and NTMK is listed in RTS Index .History The company is located in the Ural Mountains , in the city of Nizhniy Tagil, in Sverdlovsk Oblast . 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 . At this time in the town's history, half of the output was exported to England . In 1992 NTMK underwent privatization and was organized into a joint-stock company .Operational details The city is convenient to the Yekaterinburg - Perm railway and through the Kama River to the Volga River . The orestock 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 , train wheels and train rails .
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