Russian Steel has faced a new competitor, The Union of Steel Smelting Industry Enterprises

The Russian leading transport machine building companies, Transmashholding, The Tractor Plants concern and The United Railway Car Company have announced about foundation of The Union of Steel Smelting Industry Enterprises. The new partnership was announced at the 9th International Railway Business Forum ‘Strategy Partnership 1520’. Besides from the companies mentioned above, the participants in the partnership of the transport machine building companies obtaining their own steel smelting capacities include, Bezhitskaya Steel JSC, Promtractor-Promlit Ltd, Tikhvin Railway Car Building Plant CJSC and Titran-Express TSZ CJSC.

The main task of foundation of the new non-commercial partnership is the forming of the sole technical policy for the steel smelting enterprises of transport machine building concerning the growing demands of the market, the provision of the mass transition to the modern models of cast details for freight rolling stock and protection from counterfeit and antidumping initiatives.