Urals | Industry, manufacturing

NLMK to invest $50m in cold mill in VIZ-Steel

20 Apr '11
Steel group NLMK has announced plans to invest $50m building a reversing cold mill at its subsidiary plant VIZ-Steel, based in Ekaterinburg, Sverdlovsk region.

The project is reportedly to be carried out in partnership with German company Andritz-Sundwig.

The new complex is to be located in the plantís cold mill instead of the de-installed old machine.

The new millís projected annual capacity is 75,000 tons.

Construction of the mill is scheduled to be completed by the end of this year.
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Tags: VIZ Steel (4) / NLMK (26) / Germany (237) / Andritz Sundwig (0) /

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