NOVOLIPETSK STEEL(NLMK)
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NLMK La Louvière launches a 150 million euro hot strip mill upgrade to produce premium steel
release time :2019-10-10 08:59:53 page view:188

Oct. 10, 2019 - NLMK La Louvière, one of the leading producers of flat steel coils in Belgium and a company of NLMK Group, has embarked on a 150 million euro project to revamp its hot strip mill, expanding production of thinner, stronger and more environmentally friendly steel.


The investment is a part of the NLMK Group Strategy 2022. With this upgrade NLMK La Louvière will increase production from 1,7 mt to 2,2 mt by 2022 with a bigger share of the niche HRC market in the EU.


The extensive upgrade includes installation of the state-of-the art automation system, three new and three upgraded roll mill stands, new drives and motors as well as new run-out table, modernized cooling and water systems.


The project will enable the mill to expand production of high strength thin hot rolled coil (down to 1.2 mm), increase the range of high-strength products beyond 1000 MPa yield strength and provide customers with best-in-class surface and dimensional tolerances.


The first phase of the mill transformation is scheduled for early 2020, for completion in 2021. The contract has been awarded to Primetals Technologies, a leading supplier of solutions for the metals industry. The company has finalized basic engineering and launched production of the equipment.


Ben de Vos, CEO of NLMK International, said:

“This project helps achieve one of the key targets of NLMK Group’s Strategy 2022: to increase value added sales by 1.7 million tonnes globally. The increase is set to be delivered through the expansion of product mix and tolerances and following the evolving demands of our customers who continuously look for lighter, higher strength steels. This groundbreaking project is the biggest investment in our La Louvière site and its customers in the last decades and will be a cornerstone of its further development.”

NOVOLIPETSK STEEL(NLMK)

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