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20 Dec
11:10

Red October’s production rebounds sequentially, still down on-year

Production at Russia’s Krasny Oktyabr (Red October) decreased further in November, the company says. It amounted to 16,900 tonnes of stainless steel, down by 37.3% on-year, Kallanish notes. Finished rolled products output amounted to 12,700t, and around 4,400t of steel were exported. In October stainless output was 12,500t, down by 51.2% (see Kallanish passim). Red October managed to maintain its leading position in the production of stainless steel in Jan…
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