OREANDA-NEWS. February 27, 2012. In 2011 Vtorchermet NLMK set up 18 new scrap metal processing sites in various regions across Russia. The Company purchased 22 handling machines, 88 vehicles for process needs; it also assembled and commissioned 3 shearing presses.

 In 2011 Vtorchermet NLMK invested over RUR330 million into its Technical Upgrade Programme. The largest investment project is a new scrap processing site in Podolsk (Moscow region) that is important for NLMK’s Kaluga EAF Mini Mill (part of NLMK Long Products) currently under construction. Last year the Company invested over RUR180 million into the project. A shredder will be launched at the Podolsk site at the end of the year.

 Last year Vtorchermet NLMK shipped 3.3 million tonnes of ferrous scrap, up 4% year-on-year. In-house scrap collection increased by 18% and amounted to 2.7 million tonnes. NLMK Group’s self-sufficiency in scrap grew from 71% to 81%. By 2016 it should reach the level of 86%, even considering the 40% increase in steelmaking capacities in 2011-2013, while larger in-house scrap collection volumes should bring Vtorchermet NLMK’s share of the Russian scrap market to 25%.