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Severstal Commissions Second Color-Coating Line at Cherepovets
12/22/2011 - OAO Severstal's steel production unit, the Cherepovets Steel Mill, has commissioned its second color-coating line (CCL-2), which is designed to produce up to 200,000 tonnes per annum of coated hot-dip rolled products.
OAO Severstal announced that its steel production unit, the Cherepovets Steel Mill, has commissioned its second color-coating line (CCL-2), which is designed to produce up to 200,000 tonnes per annum of coated hot-dip rolled products measuring from 0.3 to 2.0 mm thick and up to 1650 mm wide.
The total investment in the second line is more than 2.5 billion roubles ($78.1 million). The new line will use semi-finished rolled stock from the Cherepovets Steel Mill’s new continuous hot dip galvanizing unit (commissioned in December 2010) and the hot-dip rolled products line at Severgal.
Alexander Grubman, CEO of Severstal Russian Steel, said: “With the new line coming on-stream, our annual production of pre-painted galvanized iron will double to reach 400,000 tonnes per year, and [we anticipate] the company’s share in the Russian polymer-coated galvanized steel market will increase above 20%.”
CCL-2 includes an air reburning plant to reburn furnace off-gases (polymer coating solvent vapor mixture) at 900°С, improving its energy efficiency. The project has created 50 new jobs in Cherepovets, Vologda region.
The main production equipment for the new line was supplied by SMS Siemag (Germany) and was designed by ООО Severstal-Proekt. Severstal’s subsidiaries Metallurgremont, Spetsmontazh, and Severstal-Promeservis were also involved in the project.
ОАО Severstal is one of the world’s leading vertically integrated steel and steel-related mining companies, with assets in Russia and the U.S., in Ukraine, Latvia, Poland, Italy, Liberia, and Brazil. The company’s gold business, Nordgold, was established in 2007 and comprises mines and exploration projects in Russia, Kazakhstan, Burkina Faso, and Guinea. Severstal’s crude steel production in 2010 reached 14.7 million tonnes.
