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Steelmaking in Russia down 1.9% in October 2026 — statistics

Published by TASS · Russia 48 min ago
Steelmaking in Russia down 1.9% in October 2026 — statistics
TASS

Detailed summary

Over the first ten months of 2026, steel output declined by 3% to 54.4 mln tons

MOSCOW, November 11. /TASS/. Steel production in Russia in October of this year fell by 1.9% compared to October 2025 to 5.2 mln metric tons, according to preliminary data released by the Russian analytical firm Chermet Corporation.

Over the first ten months of 2026, steel output declined by 3% to 54.4 mln tons. According to the statistics, the production of finished rolled steel in October dropped by 4.7% year on year to 4.4 mln tons. The output of finished ferrous rolled metal from January to October 2026 lost 3.6% to 47.4 mln tons.

Iron ore extraction in October of this year fell by 4.2% to 8.4 mln tons, while over the ten-month period it contracted by 3.5% to 85.3 mln tons. Gross dry coke output in October declined by 3.1% to 1.7 mln tons, and from January to October it decreased by 3.6%, amounting to 18 mln tons.

Meanwhile, pig iron production in October dropped by 3.5% to 3.9 mln tons, and over the first ten months of 2026 it declined by 3.1% to 40.4 mln tons. According to the corporation's data, steel pipe production increased by 7% in October to 800,000 tons, but contracted by 13% from January to October, reaching 7.5 mln tons.

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