Russian steelmaker NLMK has stated that it plans to spend up to $1 billion on its investment program in 2015.
The volume of investments for the curent year is estimated at about $800-850 million, with about 30 percent of this amount directed to production maintenance. The main project in 2014 concerns the building of a pelletizing plant at Stoilensky Mining and Beneficiation Plant (Stoilensky GOK), a subsidiary of NLMK Group, in the Belgorod region.