NLMK Clabecq, a leading Belgian manufacturer of premium thin steel sheets and part of the NLMK Group, has embarked on a project to modernize a rolling mill worth 30 million euros. The project will strengthen the company's position as a key player in the thin steel sheet market, in particular hardened and tempered (Q&T) steel plate.
NLMK successfully completed the first stage of transformation, which began in 2019. Operational improvements are aimed at meeting the company's goals of increasing production of premium heavy plate products, in particular thin plates, high-strength and wear-resistant steels. Despite the current challenges in the steel market amid the COVID-19 pandemic, NLMK continues to implement its strategy. The investment will enable the production of high-strength plate in extremely thin thicknesses with tight tolerances, while reducing gas consumption and CO2 emissions. NLMK Clabecq's product portfolio enables customers to develop lighter products that help reduce CO2 emissions throughout the product lifecycle.
The rolling mill revamp includes the installation of a new descaling system with two new scale breakers and an upgrade of a four-stand finishing line. rolling. This configuration is unique to plate manufacturers.
This investment will allow the site to continue to position itself as a key player in the thin plate market and supply customers with QUARD® and QUEND® grades with high surface quality, flatness and stiffness. tolerances for standard sizes. The descaling upgrade and refurbishment of the finishing mill will be completed at the end of 2021.
“This investment will strengthen NLMK Clabecq's position by further expanding our innovative QUARD® and QUEND® product range. The project also reflects NLMK Group's confidence and commitment to continuous development of products and our business, despite the current crisis. It will support our commitment to greener production and enable our customers to reduce their environmental footprint, ”commented Ben de Vos, Vice President, NLMK Group International.
NLMK Clabecq
NLMK Clabecq is a leading Belgian manufacturer of premium thick plates, part of the NLMK Group. Thanks to the company's technical expertise combined with unique equipment including a Quarto reversing mill, a continuous finishing line with four independent stands, as well as a state-of-the-art accelerated cooling system and a quench and tempering (Q&T) plant, NLMK Clabecq products are characterized by high surface quality, flatness and tough thickness tolerances.
NLMK Clabecq is a major player in the niche markets for wear-resistant steels up to 550 HB (Quard®) and steels with high yield strength up to 1,100 MPa (Quend®), thicknesses from 3.2 to 64 mm. These brands are in demand by manufacturers of construction equipment and mining equipment. Equipment made from Quard® and Quend® is more economical and durable due to its lighter structure and higher strength characteristics. Additional information about the company is available on the website https://qt.nlmk.com/en/
Information about NLMK Group
NLMK Group is a vertically integrated metallurgical the company, the largest in Russia and one of the most efficient manufacturers of steel products in the world.
NLMK Group's metal products are used in various industries, from construction and mechanical engineering to power equipment and offshore wind turbines.
NLMK's production assets are located in Russia, Europe and the United States. The company's steel production capacity exceeds 17 million tons per year. NLMK demonstrates high cost competitiveness among global manufacturers, the company's profitability is one of the highest in the industry.
For more information about NLMK Group on the website.
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Information about SOGEPA
The SOGEPA Investment Fund was founded to support the economic development of the Wallonia region. SOGEPA contributes to the creation of sustainable businesses by investing in industrial projects and assets. The fund operates on the principles of effective private investment, playing an active role in the strategic management of companies at the board level.
Together with private investors, SOGEPA is a reliable partner for companies located in the Wallonia region, which are undergoing reorganization on the basis of reliable and sustainable economic and industrial projects. For this, SOGEPA develops a wide range of solutions: equity investments, loans, reorganization of former industrial sites, consulting, temporary management.
For more information on SOGEPA, visit the website.
