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11 Apr
14:42

Red October eyes increased production, redirects Europe exports

Russian stainless steel producer Krasny Oktyabr (Red October) plans to increase production following the levying of new EU sanctions against Russia, Kallanish notes. “Red October is planning to increase the production of sheet blanks, which will require more shifts in the sheet rolling shop (LPS),” says the firm’s managing director, Konstantin Volkov. “We are also planning to make additional investments in the equipment of the rolling mill …
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