# Novostal-M to build rail-and-structural steel mill in Balakovo

Novostal-M Holding announced an investment project to construct a universal rail-and-structural steel mill complex at the Balakovo Steel Factory site in the Saratov region, with an annual capacity of 1.2 million tons and creating 3,000 new jobs.

- Type: New facility
- Announced: 2021-09-07
- Where: Balakovo district, Saratov region, Russia, Russia
- Jobs: 3,000
- Status: announced
- Capacity: 1.2 million tons per year
- Products: rail profiles, large structural steel profiles
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Novostal-M Holding](https://endata.com/companies/57553.md)

## Sources

- [balmetall.ru](https://www.balmetall.ru/en/news/on-september-7-at-the-opening-of-the-almaz-digital-technology-park-ivan-demchenko-novostal-m-holding/), 2021-09-07: "The new production will increase the production of Russian rolled large structural profiles and rails by almost 30%."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.