There was a need to organize steelmaking operations in the region to cover the needs of the defence, space, nuclear, electronic and medical industries, since precision alloys were purchased abroad.
It was decided to build a plant in Beryozovsky, since necessary scientific and industrial institutions were located in Sverdlovsk region; the town was also close to the railway.
On June 1 director of the plant was appointed; it was Nikolai Vyatkin, an experienced steelmaker, a front-line soldier, a former director of the Chelyabinsk Metallurgical Steelmaking Works.
His contribution to the development of steelmaking cannot be underestimated: it was he who turned a wood lot into shops, the construction of social facilities began in the city.
On November 6, the first roast smelting on an induction furnace was carried out in the experimental shop. This day is considered the birthday of the plant.
Due to the ruble conversion, the plant lost a large number of its customers. The plant team was faced with the similar challenges as many plants of the country at that time.
The production of precision alloys is gradually curtailed. In the vacated areas the equipment for the production of metalware is mounted.
The plant has completely switched to the production of metalware.
The plant has the most state-of-the-art production in Russia.
After entering the Long Products Division of NLMK Group, which is managed by NLMK Long Products, the plant continued to enhance its production and technological base. The plant has become an example of a modern steelmaking production company.
The Ural Precision Alloys Plant was renamed into NLMK Metalware.
The plant is the most state-of-the-art production company in the country (among the manufacturers of low-carbon metalware products). The plant's share of the Russian low-carbon metalware market exceeds 20%.