The Russian steelmaker Severstal has announced the beginning of the construction of the second part of the polymer coating line at Cherepovets Steel Plant.
The line is due to be completed in two years and will have an annual production capacity of up to 200,000 metric tons of polymer coated products.
With the new line in place, Severstal`s annual production capacity for polymer coated products will reach 400,000 tons.
The products from the new line will be supplied for the needs of the Russian construction industry.
CEO of Severstal`s Cherepovets operations, Anatoly Kruchinin, commented: "We plan to complete the new coating line at the same time as the reconstruction of the Continuous Hot Dip Galvanizing Line for our cold rolled sheet production. This will allow us to increase the quality and steel stock production volume for the coated products works".