NLMK commissions color coating line No. 3

Monday, 21 March 2011 14:37:53 (GMT+3)   |  
       

The Russian steelmaker Novolipetsk Steel (NLMK) has announced the commissioning of its 20,000 mt per year color coating line No. 3 for cold rolled galvanized steel, which will allow it to increase its total production capacity of this high value-added product by 53 percent to 580,000 mt per year, strengthening its position as a supplier of high quality steel for the construction and white goods manufacturing sectors.
 
The project, implemented as part of the second stage of NLMK's technical upgrade program, amounted to Ruble 3 billion (about $106 million).
 
The new color coating line No. 3 has expanded NLMK's capability to produce finished painted strip of 0.3-0.8 mm thickness and 700-1,250 mm width, which are in high demand in the domestic market, as they are used in the manufacture of steel structures.
 
Galvanized steel required for color coated steel production will be supplied from NLMK's continuous hot dip galvanizing line No. 4, which was commissioned at the end of 2009.
 
NLMK's share in the Russian domestic market of color coated flats amounts to over 21 percent.  NLMK produced over 332,000 mt of color coated steel in 2010, with 96 percent delivered to the Russian market. Color coated steel accounted for 3.6 percent of NLMK's sales in 2010.

Similar articles

Flat steel prices in local Taiwanese market - week 17, 2024

25 Apr | Flats and Slab

Flat steel prices in local Taiwanese market - week 16, 2024

18 Apr | Flats and Slab

Turkish flats prices generally stabilize after holiday

16 Apr | Flats and Slab

Flat steel prices in local Taiwanese market - week 15, 2024

11 Apr | Flats and Slab

Baosteel cuts local HRC prices by $14/mt for May

11 Apr | Flats and Slab

Turkey’s coated and CRC prices mainly down amid low demand

05 Apr | Flats and Slab

Flat steel prices in local Taiwanese market - week 14, 2024

04 Apr | Flats and Slab

Romania's flats traders cut HRS prices, mill’s prices stable

04 Apr | Flats and Slab

Ussuri Capital to build low-carbon emissions flats plant in Romania

29 Mar | Steel News

Flat steel prices in local Taiwanese market - week 13, 2024

28 Mar | Flats and Slab