26
Aug
12:15
NLMK increases galvanized steel production with new line
NLMK Lipetsk has started construction of a new continuous hot-dip galvanizing line, HDGL-5, the company says.
The capacity will be 450,000 tonnes/year of galv, Kallanish notes. The investment will exceed RUB 12 billion ($158 million). The start-up of the line is planned for 2022.
In 2019, NLMK signed a contract with Tenova for base engineering and the supply of main process equipment. The new line will produce high-quality steel for the construction, automotive…
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Very good overview of the weekly steel market.
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