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NLMK starts maintenance work on blast furnace

17th Oct 2008 14:25

RNS Number : 1260G
OJSC Novolipetsk Steel
17 October 2008
 



17 October 2008

NLMK starts maintenance work on blast furnace

NLMK announces that it has started maintenance work on Blast Furnace #3 at its main production site in Lipetsk. The furnace has a production capacity about 1.3 million tonnes of pig iron per year.  

As part of the process, there will be a change of refractory and refrigerators as well as partial change of the furnace shell. The project will cost USD 3.5 million and is to be completed in December 2008

The maintenance work will reduce pig iron production volume by 170,000 tonnes (or 2%) of the volumes planned for 2008. 

For further information:

NLMK

Anton Bazulev, Investor Relations

Tel: +7 495 915 1575

Email: [email protected]

Financial Dynamics

Jon Simmons 

Tel: +44 207 831 3113

Email: [email protected]

This information is provided by RNS
The company news service from the London Stock Exchange
 
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