ATI will sign an agreement with NLMK. According to the report, US steelmaker Allegheny Technologies Inc. (ATI) has announced that it has signed an agreement to provide a hot-rolled carbon conversion service to Novolipetsk Steel (NLMK), one of Russia's largest steel producers. Extended the service life and scope of the hot rolling and processing plant (HRPF).
ATI is committed to increasing and maintaining profitability in the field of steel flat products.
ATI predicted that sales volume will increase sharply in 2020 depending on the agreement, including guaranteed sales volumes, and usage has increased significantly. Meanwhile, NLMK's subsidiary will continue to use HRPF production to transform a wide range of carbon steel products.
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