Business · Energy & Commodities · 9 hrs ago
Russian Steel Output Fell 1.9% in October
Russia's steel production fell 1.9% in October compared with the same month in 2025, to 5.2 million metric tons, according to preliminary figures from Chermet Corporation.
Output was down 3% in the first ten months of 2026, reaching 54.4 million metric tons.
Finished rolled steel production fell 4.7% in October, while iron ore extraction dropped 4.2%.
Coke and pig iron production also declined in October and over the January-to-October period.
Steel pipe output rose 7% in October to 800,000 tons, but pipe production was down 13% over ten months.
The figures show declines across several parts of Russia's steel industry, though October pipe production increased.
Russian steel production fell 1.9% year on year in October 2026 to 5.2 million metric tons, according to preliminary data.
Output over the first ten months of 2026 declined 3% to 54.4 million tons.
Finished rolled steel production dropped 4.7% in October to 4.4 million tons.
Iron ore extraction fell 4.2% in October to 8.4 million tons.
Steel pipe production rose 7% in October to 800,000 tons, though it fell 13% over the first ten months.
- Who
- Russian steel producers.
- What
- Steel production fell 1.9% year on year in October 2026 to 5.2 million metric tons.
- When
- October 2026; the data was published on November 11, 2026.
- Where
- Russia.
- Why
- Not stated.
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- October 2026 steel output
- 5.2 million metric tons, down 1.9% year on year
- January–October 2026 steel output
- 54.4 million tons, down 3%
- October finished rolled steel
- 4.4 million tons, down 4.7% year on year
- October iron ore extraction
- 8.4 million tons, down 4.2%
- October steel pipe production
- 800,000 tons, up 7%