17
Aug
14:19
Red October decreases stainless output in July
Production at Russia’s Krasny Oktyabr (Red October) decreased in July compared with the previous month, the company says. It amounted to 16,691 tonnes of stainless steel, down by 24.8% on-month, Kallanish notes.
In June, production was 24,900t of stainless steel (see Kallanish passim).
Red October nevertheless managed to maintain its leading position in the production of stainless steel in the first half of the year. Moreover, it is consistently the leading…
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Anonymous
Very good overview of the weekly steel market.
Anonymous