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 Russian exporter of stainless steel, with a 22.4% share in Russian stainless exports, according to national special steel association USSA.

The Volgograd-based steelmaker produced 207,990t of stainless steel in 2020, up by 2% on-year.

In July, the plant began the repair of heat-treatment furnaces in the rolled processing shop (see Kallanish passim). The equipment will return to service after a three-year downtime and two furnaces are planned to be commissioned in August.

Heat-treatment furnaces are used for the processing of high-quality rolled steel, which is marked with “QT” – heat-treatment quenching and tempering – and mostly exported.

Thanks to the commissioning of the furnaces, the throughput of the plant will increase, and the workshop will be able to fulfil a larger number of orders for this type of product, the enterprise said earlier.

In June, the company successfully produced reworking shaped and rectangular billet from hull steel, which will be used in the construction of military ships for Russia’s navy.

Svetoslav Abrossimov Bulgaria