NLMK to upgrade steel plate mill in Belgium

Novolipietsk Steel (NLMK) - the largest steel producer in Russia - will start the rolling mill modernization at its Belgian subsidiary NLMK Clabecq, the company said on Tuesday October 20.

A €30 million ($35 million) plate rolling mill upgrade will include the installation of a new descaling system with two new descalers and the modernization of the four-stand finishing mill, NLMK said.

Despite the challenges of the current Covid-19 crisis on the steel market, NLMK is going ahead with the roll out of its development plan, it said, adding that the investments will allow the...

Published

Julia Bolotova

October 20, 2020

14:50 GMT

Dnipro