Volga EAF plant began operation in the Ivanovo region.
As the project has invested 1 billion 200 million rubles.
Now put into operation the first phase of the plant — the production of reinforcing square billets, in the long term — from scrap metal. It is planned that the company will reach its design capacity (10,000 tonnes of rebar per month) in 2014.
With the release on a planned production here will run up to two hundred people. Who created 103 jobs. The average salary is about 25,000 rubles.