OJSC Novolipetsk: NLMK restarts blast furnace # | Company Announcements

Friday 08 May, 2009

OJSC Novolipetsk

NLMK restarts blast furnace #

RNS Number : 9447R

OJSC Novolipetsk Steel

08 May 2009

Novolipetsk Steel (NLMK)

8 May, 2009

NLMK restarts blast furnace #4

NLMK announces today that it has restarted blast furnace #4 after a complete overhaul. The blast furnace of a total capacity of 1.7 million tonnes per year was idled in November 2008.

As part of the five-month overhaul of the 2000m3 unit, refractory was replaced, charging equipment and air heaters were renovated, the furnace shell was partially changed and cast houses repaired. The overhaul took place over five months at cost of RUR 180 million.

In February, NLMK also recommissioned blast furnace #3 with a total capacity of 1.6 million tonnes per year, and blast furnace #2 with a capacity of 770,000 tonnes per year.

Currently, NLMK's main production site is running all five blast furnaces. Steel production in Lipetsk in 2009 is expected to reach 8.3 million tonnes.

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCBBGDUUBGGGCI

Investegate takes no responsibility for the accuracy of the information within the site.

The announcements are supplied by the denoted source. Queries about the content of an announcement should be directed to the source. Investegate reserves the right to publish a filtered set of announcements. NAV, EMM/EPT, Rule 8 and FRN Variable Rate Fix announcements are filitered from this site.