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18 Nov
11:46

Russian steel output decreases in October, outlook optimistic

Russia’s steelmakers produced 48.4 million tonnes of non-alloy semi-finished steel in January-October, down -0.8% on-year, show national statistical service Rosstat data monitored by Kallanish. October alone saw output decrease slightly, by -0.3% on-month, but it was up by 4.5% on-year to 4.9mt. Ten-month-through-October finished steel output fell -0.7% on-year to 51mt. In October alone output increased by 1.3% compared with September. Pipe produ…
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