By 2020 NLMK might increase steel smelting at its Lipetsk site by 2.2 million tons.
The development strategy till 2022 presupposes the increase of steel smelting at the main site to over 15 million tons per year. By 2019 NLMK will produce 14 million tons of steel. The investments into the project are estimated at $400-500 million.
In 2016 NLMK produced 16.6 million tons of steel and sold 15.9 million tons with revenues at $7.64 billion, EBITDA of $1.94 billion and net debt at $0.69 billion. (Ukrainian metal)