NLMK launches new converter

NLMK’s new 300 tons converter was put into operation at the Company’s main production site in Lipetsk. Alongside other Technical Upgrade activities, the launch of the new converter will allow for a 36% increase in steelmaking capacity at the Lipetsk site, up to 12.4 mtpa. NLMK has already announced the successful commencement of startup activities at its new 3.4 mtpa Blast Furnace No. 7 at its Lipetsk site.

Investments into the BOF projects have totaled about RUR14.8 billion (with VAT).