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29 Jun
14:26

Red October increases steel production in May

Production at Russia’s Red October (Krasny Oktyabr) increased in May, the company says. It amounted to 26,000 tonnes, up by 32% on-year and 6% compared to April, Kallanish notes. The Volgograd-based steelmaker produced in May 2,200t of stainless steel, up by 11% on-month, and 3,200t of flat products of nickel and chromium bearing steel grades, up by 14% on-month. The plant accounted for more than 25.8% of all stainless long and flat products produced in Ru…
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