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13 Jun
11:33

Red October’s production rebounds on-month in May

Production at Russia’s Krasny Oktyabr (Red October) increased in May compared to April. Volume amounted to 19,600 tonnes, up by 1.7% on-month, Kallanish notes. Finished rolled products output amounted to 16,100t and around 3,500t of steel were delivered to warehouses. Red October managed to maintain its leading position in the production of stainless steel in 2021; moreover, it had a 44.5% share in Russian stainless exports, national special steel associa…
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