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 plant’s cold mill instead of the de-installed old machine.
The new mill’s projected annual capacity is 75,000 tons.
Construction of the mill is scheduled to be completed by the end of this year.