Russia's largest steelmaker, Novolipetsk Steel (NLMK), will increase the capacity for steel slabs at its Lipetsk facility in western Russia, the company said on Wednesday July 17.
The company has started construction and installation work for a complete overhaul of continuous casting machine (CCM) No9.The overhaul will increase the machine's capacity by 80%, to 1.8 million tonnes per year of slabs, the company said. The process will be completed in December this year."The overhaul of CCM No9 will enable the company to strengthen its competitive edge in the global steel market by...