In the first nine months, Novolipetsk Steel invested $439 million into production
Edited by Rhod Mackenzie / 2014-11-17 11:52:40
In the first nine months, the volume of investments in the development of NLMK (main production site is located in Lipetsk) made up $439 million, the company reported.
This figure was by a third less than in the previous year, due to the fact that several major projects were completed in 2013, including the construction of NLMK-Kaluga. Also the depreciation of the ruble had an impact on the reduction in investment.
