Nytva to invest in HDG line modernization

The Russian steelmaker Nytva Steel Works (Nytva), a subsidiary of ESTAR holding, has announced that it will invest Ruble 12.5 million in the modernization of its HDG line. The HDG line modernization will allow the company to decrease the amount of zinc used in the galvanizing process by 5-8 percent, and also to increase the wideness of strips produced at the line from the current 300 mm to 350 mm. In addition, the production capacity of the line will be increased by 30 percent from the current 970 metric tons of HDG strips per month to 1,260 metric tons per month. Nytva plans to complete all modernization works at its HDG line by late April - early May.