Posted in | News | Ferrous Alloys and Metals | Materials Processing | Business | Iron and Steel

NLMK Invest in Equipment Upgrades for Steel Rolling Operation

Jan 18 2011

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NLMK has signed contracts with SMS Siemag AG and Sytco AG, agreeing the supply of new equipment for its Lipetsk-based rolling operations worth a total of EUR15.3 million.

SMS Siemag AG (Germany) will supply equipment necessary for the modernization of the hot strip mill run-out table, which will be delivered between August 2011 and February 2012. The facility will be upgraded on a gradual basis, culminating in 2013 when the capacity of the hot strip mill will have been increased by 45 000 tonnes, up to 5.7 million tonnes per annum.

Under the agreement with Sytco AG (Switzerland), new equipment for the roll preparation plant in the Cold Rolled & Coated Flats Shop will be supplied in April 2012. The project will ensure high quality roll surface finishing and rebuilding for the Company's new cold rolling facilities. NLMK plans to install the equipment in Q4 2012 as part of the second stage of its Technical Upgrade Program.

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