Balakovo SF became a co-founder of the Electric Steel Works Association (ESWA)
This new industrial association is to unite the leading Russian manufacturers of electric steel.
It will be focusing on development and implementation of systematic measures to improve the steel industry efficiency, on how to increase scrap procurement volumes as well as to ensure the balance on the market of raw materials and metal products.
In addition, the ESWA's strategy includes unlocking of the steel industry's competitive potential as the most environmentally friendly production of steel from recycled materials, with due regard to global trends in carbon regulation.