NLMK commissions new slitting line at grain-oriented steel plant
This investment of USD 10.5 million (RUR 270 million) was carried out within the framework of the 2nd phase of the Technical Upgrading Programme. This programme will take place from 2007 to 2011 and is aimed at increasing the output of high value-added products.
The line is capable of performing high-precision coil slitting in automatic mode and produces steel products of a high quality.
By the end of 2007, at NLMK’s grain-oriented steel plant, a reverse cold strip mill will be upgraded and new pickling line is to be commissioned replacing two obsolete production lines.
NLMK is the major Russian producer of electrical steels. NLMK’s GO steel is used in manufacturing a wide range of transformer cores and high-power electric motors.