The Russian steelmaker Novolipetsk Steel (NLMK) has announced that in 2011 it plans to increase its investments to $2 billion to continue to implement projects within the scope of its technical upgrade program, which aims to increase crude and rolled steel output, raise product quality, improve production efficiency and increase the output of high value‐added products. In 2010, NLMK's overall сapital expenditure totaled $1.463 billion - up 31 percent year on year. The sum of organic investments made during the last five years is about $6 billion.
Long products division | |||
Site | Project | Goal and planned capacity | Completion (estimate) |
Kaluga mini-mill | Construction of an EAF and long steel rolling facilities | 1.65 million mt of crude steel | 2012 |
Mining and raw material production | |||
Site | Project | Goal and planned capacity | Completion (estimate) |
Stoilensky | Commissioning of the IV section at the benefication plant | Increase mining and benefication capacities | 2011 |
Stoilensky | Construction of pelletizing plant | 6 million mt | 2014 |
Zhernovskoe - 1 | Construction of the mine and enrichment facilities | up to 3.6 million mt of coking coal concentrate of (GZh and Zh grades) | 2014 |
Usinsk | Construction of the mine and enrichment facilities | up to 2.7 million mt of coking coal concentrate of (2Zh and Zh grades) | 2018 |
Steel segment | |||
Site | Project | Goal and planned capacity | Completion (estimate) |
Novolipetsk | Complex of the projects: 1. BF No. 7 2. Steelmaking facilities upgrade 3. New BOF | Expand steel production capacities to 12.4 million mt | 2011 |
Novolipetsk | Construction of a waste treatment heat and power plant | +150MW | 2011 |
Novolipetsk | Construction of PCI facilities | Reduction of coke and natural gas consumption. Replacement of the materials by steam coal | 2011-2012 |
Novolipetsk | Expansion of HRC production capacities | +400,000 mt | 2011-2014 |
Novolipetsk | Construction of a CRC mill | +350,000 mt | 2013 |
Novolipetsk | Revamping of transformer steel production | +60,000 mt of high permeability steel | 2011 |
Novolipetsk | Construction of a color‐coating line | Production of thin pre-painted steel | 2011 (completed) |
DanSteel | Expansion of plate production and product mix | Development of new grades of high‐strength thick plates | 2012-2014 |
VIZ-Stal | Upgrading of transformer steel production | Ensure technical capability for high‐permeability transformer steel production +70,000 mt | 2013-2014 |