In June Krasniy Octyabr Iron and Steel Works produced 21 thousand tons of liquid steel, up by 3 thousand tons than planned. Moreover, the company produced 4380 tons of expensive nickel-containing stainless steel. The stainless steel output growth occurred in January – 1 thousand tons, and in early Q2 – 1.5 thousand tons. The jump…
Representatives of Krasniy Octyabr have held a number of successful negotiations in Uzbekistan. The talks have been held within the business mission of the Volgograd region to Uzbekistan. In Soviet times and in 2000s special steel of Krasniy Octyabr held a niche on the Uzbek market. But several years ago the trade relations were suspended.…
Krasniy Octyabr has repaired and commissioned its Metso Lindemann Eto Cut 1240-10 hydraulic shearing press in the drop-hammer shop. The machine was first put into operation in spring of 2015 and had worked for over 3 years. In autumn of 2018 it went out of order. In late 2018 the plant management decided to increase…
Krasniy Octyabr has acted as a prospective supplier of quality rolled metal for new projects on shipbuilding in the Arctics. The company is ready to participate in the construction of a unique winter and summer fleet consisting of hovercraft and ice-resistant platform. The manufacture of parts for construction is scheduled to begin next year. “Krasniy…
From June 21, Krasniy Octyabr has decreased prices for alloyed metal waste it purchases. The price drop is 500-2,000 rubles depending on the waste type. The average nickel content in the batch of alloyed scrap should be not less than 9.3%. The minimal batch is 5 tons. From June 17, the company has decreased prices…
Krasniy Octyabr Iron and Steel Works has commissioned its steel-smelting furnace No. 5 with the volume of 200 tons. The furnace in the electric arc shop No. 2 was shut down in May 2018 for repair, when the roof over it was disassembled in order to install dry gas-purification equipment. This was the first repair…
Krasniy Octyabr Iron and Steel Works is mastering the manufacture of a new product – pipe billets with the diameter of 184 mm (10X13N2MF) and 190-250 mm (15X13N2). The billets will be supplied to Volzhsky Pipe Works, which used to buy them abroad. The decision to increase cooperation has been taken after a number of…
The Arbitrary court of the Volgograd region has fully satisfied the claim of Rusmet LLC to the Krasniy Octyabr Iron and Steel Works. The latter will have to clear its debts on the raw materials supply agreements. In 2014 the companies concluded an agreement on the purchase of scrap. Later two more additional agreements were…
