EconomyRussian steel production falls 1.9% in October 2026
Preliminary data from Chermet Corporation show Russian steel output fell 1.9% year on year to 5.2 million metric tons in October, and was down 3% to 54.4 million tons over the first ten months of 2026. Output of finished rolled steel, iron ore, coke and pig iron also declined. Steel pipe production rose 7% in October but fell 13% over the ten-month period.
Russian steel production falls 1.9% in October 2026