Monday, 21 Feb 2011
Evraz investment in the implementation of this project, implemented within the framework of the large scale reconstruction of NTMK's converter shop, amounts to about RUB 500 million.
The construction of the ladle furnace No. 4 which is being supplied by Italian producer of steelmaking machinery and plants Danieli will last about three months. The equipment installation will be carried out in conditions of continuous steelmaking.
The additional ladle furnace will allow NTMK to increase its secondary treatment capacities and to reduce the share of common grade slabs produced in its concaster No 4 by concentrating on the output of premium grade slabs which are used by pipe makers for the production of API standard oil pipes.