Korean POSCO to upgrade NLMK’s plant in Lipetsk

NLMK and South Korea's POSCO Engineering & Construction have signed an agreement on strategic cooperation in investment projects to upgrade domain, steelmaking and rolling facilities of the plant in Lipetsk.

"The projects, implemented in the framework of the agreement, are aimed at improving the efficiency of the technological processes, including primary processing, and control of NLMK’s production quality, introducing the best practices and advanced technologies, particularly in the production of coated rolled metal, as well as at mastering output of new products with high added value,"- NLMK reports