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Evraz Launches Rail Mill Reconstruction at NKMK
Apr. 5, 2010 Evraz Group S.A. has begun the rail mill reconstruction at NKMK, its Russian steel plant in Novokuznetsk, Siberia. Once reconstruction has been completed, which is anticipated in 2012, NKMK will be able to produce 25- and 100-meter high-speed rails.
Investments under the project will total US$440 million. The rail mill capacity will reach approximately 1 million tonnes of high-speed rails. This includes 450,000 tonnes of 100-meter rails, which currently are not produced in Russia, according to Evraz.
The Russian Railways company is expected to be the major buyer of the longer rails.
The reconstruction envisages installation of a new automatic rail rolling mill as well as rail hardening and straightening equipment. Evraz expects this technology to enable a significant improvement in rail quality, meeting global requirements for surface and latent defects and straightness.