Metallurgy sector is strength and glory of the Ural industry. Nowadays the region has all conditions for successful development of metallurgical enterprises - great scientific and industrial potential to produce the whole range of output, qualified personnel, and demand for metallurgical products in home and outer markets. These factors allow metallurgical companies to increase production volume.
50% of industrial and production assets, 30% of all industrial staff are concentrated in the metallurgy sector. Metallurgical enterprises provide about 30% of all tax payments in the Chelyabinsk Region.
Such metallurgical enterprises located in the region as Magnitogorsk Iron and Steel Works, Zlatoust Metallurgical Plant, Asha Metallurgical Plant, Karabashcopper, Urals Stampings Plant and others are the major enterprises in their cities; their successful business influences the volume of revenues in the local and regional budgets, economic and social welfare - employment rate and income rate of the population.
In order to become more competitive in the world market and sort out important industrial problems metallurgical enterprises of the South Urals search for integration, consolidation of assets in the regional industry. Integration of enterprises leads to increase of managerial efficiency, optimization of industrial processes, accumulation of investment resources for implementation of large projects which provide a quicker and maximal benefit.
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