NLMK says to invest 4.4 bln rbl in upgrade of heating furnace - Metals & Mining - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

NLMK says to invest 4.4 bln rbl in upgrade of heating furnace

MOSCOW, Apr 3 (PRIME) -- Russian steelmaker Novolipetsk Steel (NLMK) has started construction of a 4.4 billion ruble upgraded heating furnace in a hot-rolled metal production facility in the city of Lipetsk to raise hot-rolled metals output by 110,000 tonnes a year, the company said in a statement on Wednesday.

The new furnaceТs capacity stands at 2.25 million tonnes a year. It will improve the quality of production, cut power consumption by 50%, and reduce atmospheric emissions. NLMK plans to finish construction in September and to launch the furnace in October.

(65.4726 rubles Ц U.S. $1)

End

03.04.2019 13:14
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 70.6546 -0.1395 23 jul
USD 62.9776 +0.1110 23 jul
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1341.17 -0.70 18:50 22 jul
micex 2684.25 -0.60 18:50 22 jul
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 217.12 +0.52 18:48 22 jul
lkoh 5165.50 -0.67 18:48 22 jul
rosn 420.45 0.00 18:49 22 jul
sber 230.35 -1.07 18:49 22 jul
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 70.6000 -0.1475 14:59 22 jul
USDTD 63.0500 +0.0750 17:44 22 jul