OAO Novolipetsk Steel expects to release a trial batch of new products for themselves - steel pipe size 60h30 mm with wall thickness of 1.5 mm and 2 - in late May and June. On it informs "Metallservice. At the moment, NLMK is reconstructing one of the CCM in the CCC-1. It is expected that the slab continuous casting machine number 3 will be commissioned before the end of the year. As a result of upgrading the performance of CCM will increase to 1 million tons per year (now - 700-750 tons). In this case, the technical possibility of updating the unit will produce slabs with thickness up to 315 mm (at present - up to 240 mm). It was reported that OAO Novolipetsk Steel in I quarter of 2011 compared with the same period of 2010 increased net profit under RAS unconsolidated 2,6 times, to 6.963 billion rubles. Compared with the preceding quarter profit NLMK increased by 66%. OAO Novolipetsk Steel - one of the largest Russian steel companies. The company has a full metallurgical cycle and produces pig iron, slabs, cold rolled, hot rolled, galvanized iron, transformer steel and polymer-coated steel. Ministry of Industry
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