In 2020 Balakovo Iron and Steel Works intends to reach its design capacity – 1 million tons of metal per year. Since the emergence of new owners, over 200 jobs have been created. Now the company employs 1220 people with the average salary of 62 thousand rubles. The shareholders plan to develop infrastructure by creating…
Balakovo Iron and Steel Works intends to start producing rails. Having evaluated the possibilities of the enterprise, the new owner – Abinsk Electrometallurgical Works – has decided to construct a new shop to produce rails and beams. The company might start producing 100-meter rails. At present only two plants produce them, thus, the demand is…
In 2020 Balakovo Iron and Steel Works intends to start producing A800/1000 rebars with the diameter of 10 to 14 mm, rounds (8 to 10 mm), squares (10 to 50 mm), channel Nos. 5-10, as well as steel strips. The company expects that the customers will be able to order these goods in Q1 2020…
Balakovo Iron and Steel Works has started a scheduled capital repair of its mill-350/200. The lining of the heating furnace will be replaced. The repair will last for 4 weeks. The company will limit taking orders for November. (Ukrainian metal)