print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases  Novolipetsk Steel REGISTER LOG IN

Press Releases > Novolipetsk Steel  all about the company

company search
all press releases
all Novolipetsk Steel press releases

Novolipetsk Steel

February 5, 2009

NLMK decommissions two coke batteries

NLMK announces today that it has decommissioned coke batteries No. 3 and No. 4 with a combined capacity of 0.68 million tonnes per year at its main production site in Lipetsk. This decision was driven by the recent significant deterioration of demand for coke following the drop in steel production both in Russia and globally. NLMK's production plans envisaged the halt of operations of these coke batteries commissioned in 1959 due to the significant level of equipment depreciation and relatively high level of emissions by 2011.

As a result of the shutdown of batteries No. 3 and 4, coke production capacity of NLMK is reduced to 7.3 million tonnes including 2.7 million tonnes at its main production site and 4.6 million tonnes at its West Siberian subsidiary Altai-koks, the largest coke producer in Russia.  Remaining coke-making capacity ensures NLMK’s 100% self-sufficiency in coke including its plans to increase blast furnace capacity after construction of Blast Furnace No. 7 in Lipetsk. 

In October 2008, NLMK decommissioned coke batteries No. 7 and 8 with a total capacity of 1.04 million tonnes per year.

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer