OREANDA-NEWS. June 14, 2007. Severstal announces the construction of the second part of polymer coating line at its Cherepovets steel plant. Due to be finished in two years, the new line will be capable of manufacturing up to 200 thousand tons of polymer coated products annually for the construction industry.

On completion of the new line, Severstal`s annual production volume of polymer coated products will reach 400 thousand tons. As a result, the company expects to strengthen its leading positions in the manufacture of advanced technology products for the construction industry”.

The new line will be based in the existing coated products works at Severstal`s Cherepovets steel plant. The works started operations in December 2005 and reached its planned production capacity in H1 2006.

Anatoly Kruchinin, CEO of Severstal`s Cherepovets steel plant, said: “We plan to complete the new coating line at the same time as the reconstruction of the Continuous Hot Dip Galvanizing Line for our cold-rolled sheet production. This will allow us to increase the quality and steel stock production volume for the coated products works”.