Frolovo Electric Steel Melting Plant (Volga-Fest), a Volgograd region-based subsidiary of the Russian steel producer ESTAR Holding (ESTAR) in the first quarter of this year produced about 63,000 mt of square billets, registering a 34 percent increase year on year. The plant's steel product deliveries in the period in question amounted to 66,000 mt.
Accordingly, Volga-Fest is currently fully secured with raw materials, and plans in the current year to increase its output to a record 285,900 mt of square billets. In 2009, the plant's output amounted to 220,900 mt.
Volga-Fest is specialized in the production and sale of continuous-cast steel billets of carbon steel grades for further re-rolling. The plant is equipped with an electric arc furnace with 50-mt capacity (EAF-50), a secondary steel treatment unit and with a continuous billet caster.