Novolipetsk Steel (NLMK) has entered into a contract with SMS Demag, the German company, to acquire a one-stand reversing cold-rolling mill.  The mill has an annual capacity of 350,000 tonnes, and the contract is worth over EUR 29 million. The new equipment will be supplied within five months.

The facility is designed to process strips of high-strength carbon steels and will ensure production of a new steel product applicable in the automotive and construction industries. 

The mill installation at the site in Lipetsk is scheduled for 2011 as part of Phase 2 of NLMK’s Technical Upgrading Programme.