The electric arc furnace No. 5 has been put into trial operation at the electric shop No. 2 of Krasniy Octyabr. The volume of the furnace is 200 tons. The furnace has not been operating for a year. It was shut down in May 2018 in order to assemble gas-purifying equipment. (Ukrainian metal)
The Krasniy Octyabr shaped casting shop has mastered the manufacture of special steel grades. Now the shop is capable of producing such complex steel grades as 18X11MNFB-Sh, 12X18N12T, 06X15N6MVFB, etc. One of the main peculiarities of the shop operation is the use of two-slag technique, when the oxidizing and restoration periods are carried out in…
The authorities of the Volgograd region are studying the offers of investors ready to provide $100 million for the development of the Krasniy Octyabr Iron and Steel Works when the enterprise finishes the bankruptcy procedure. The investors have not been named, but at the same time the authorities are consulting with the Ministry of Industry…
Volgograd Iron and Steel Works Krasniy Octyabr intends to put into operation the arc steel furnace No. 5 this month. “In March the works produced over 10 thousand tons of metal. In Q2 the capacity loading is planned on the March level. And the repaired arc furnace No. 5 will help achieve this”, the company…
Krasniy Octyabr Iron and Steel Works has mastered the manufacture of a new product – bar of high-alloyed, corrosion-resistant steel of EP 54 grade (08X21H6M2T). Previously of this steel the company manufactured only sheets. The technique allows producing hot-rolled bars with the diameter of 65 to 200 mm. (Ukrainian metal)
The arbitrary court of the Volgograd region has prolonged the bankruptcy proceedings at the Krasniy Octyabr works from February 10 for 4 months. Thus, the petition of the proceedings manager Alexander Lyubimenko has been partially met. He claimed the enterprise received assets valued at 487 billion rubles – 854 ordinary shares. Now they need to…
The arbitrary court of Chelyabinsk region has received a claim from Zlatoust Electrometallurgical Works to Volgograd Iron and Steel Works Krasniy Octyabr. The volume of the claim is over 3 billion rubles. The details are not disclosed. (Ukrainian metal)
Alexander Sivakov has been appointed the executive director of the Volgograd Iron and Steel Works Krasniy Octyabr. Previously he has been a deputy governor of the Volgograd region and the chairman of the economic policy and development commission. In early November the arbitrary court of the Volgograd region declared the plant bankrupt. Krasniy Octyabr is…