Krasny Oktyabr

Forging plant is modernized at “Krasny Oktyabr”

They have carried out the large scale updating of the automated forging complex “Devi-Maki” at the forging shop of “VMZ “Krasny Oktyabr” as a result of the joint operation of the specialists of the enterprise and the Italian DANIELI.
The old relay control was completely replaced by a digital one. The technical re-equipment concerned all the system of the complex: press group, oil station, pumping house, transformers, manipulator s and hydraulics.
The specialists of the Italian DANIELI carry out installation supervision and control over the arrangement, installation work and adjustment of new equipment.
-This modernization is necessary for “Krasny Oktyabr” in order to upgrade the existing equipment and meet the demand of the modern automation system, Italian specialists say. As a result all the rare parts and components we have replaced by modern ones. The installed system includes new software, and what is more it is easier to maintain. Operators can adjust the control as they want. It will improve the work of the complex. To date it is the most modern management system of pressure equipment, which DANIELI delivers worldwide.

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Russian Steel:Best of the best

According to rankings, compiled by the RBC, 14 representatives of the steel industry were included in the number of 500 largest Russian companies.
The largest steel company in terms of revenues, according to the agency, became Evraz. In 2014, its revenue increased by 9% to 502 billion rubles. The company’s loss grew to 49 billion rubles, and the number of employees decreased by 10% to 93.7 thousand people.

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“Krasny Oktyabr” puts into operation 3 new furnaces

The Volgograd Steel Works “Krasny Oktyabr” continues the program of technical re-equipment of the metal-roll dressing workshop. Three new furnaces BOSIO (Slovenia) have been put into operation within the frame of the programme.

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The project of Krasny Oktyabr is the winner of the competition, held by the Ministry of Industry and Trade

The project of the Volgograd metallurgical combine “Krasny Oktyabr” on organizing of plate steel on the territory of the enterprise has turned out to be among 9 regional projects, approved by the Ministry of Industry and Trade for receiving of grants.
So, today the enterprise can count on federal support in the form of compensation of the key rate of the Central Bank upon receipt of credit for the development of new production

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Krasny Oktyabr presents renewed sheet cold rolling mill

On June 25th, the rolling plant of Volgograd Steel Works of Krasny Oktyabr launched an upgraded sheet cold rolling mill 1600. The opening ceremony was attended by the plant’s general director Valery Yavetsky, the deputy general director for sales Roman Modzgvrishvili, the chairman of the Industry and Commerce Committee of the Volgograd region’s Administration Roman Bekov, as well as representatives of the aviation and space industry - potential consumers of the new products of Krasny Oktyabr from Moscow, St. Petersburg, Kazan, Nizhny Novgorod, the Orel and Yaroslavl region, Kazan, Samara, Chelyabinsk and other Russian regions.

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Rostec doesn’t want legal battle with creditor of Krasny Oktyabr in London

State-owned corporation Rostec and company RT-Capital, controlled by it, have received the right to appeal the decision of the London court to put them as defendants on the suit of the London branch of the Austrian Erste Group Bank AG (Erste), one of the creditors of the bankrupt Volgograd metallurgical plant Krasny Oktyabr.
The Volgograd plant was granted a loan for $80 million in accordance with the contract dated 2007. One of the creditors was Erste, the court documents state. However, the terms of payment in the amount of 1.66 million expired in July 2009, the debtor didn’t fulfilled its obligations. Erste claims that this was made intentionally, in collusion between Rostec and other defendants, controlled by the state-owned corporation in order to deprive the borrower and the guarantor on the loan of assets and to announce their insolvency.

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Krasny Oktyabr puts electric furnace No7 on full-time operation

In the near future the Volgograd Metallurgical plant “Krasny Oktyabr” is about to switch the electric furnace No7 from double shift mode to twenty-four-hours operation. The project is aimed at the provision of the enterprise by nickel chrome stainless steel by low-tonnage lots.
“An annual project capacity of the electric furnace No7 makes up 10 000 tons. There started operation on the development of the infrastructure of the area of the furnace with the reconstruction of the main and auxiliary equipment.

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“Krasny Oktyabr” refuses from Zelezara Smederevo

The Serbian Iron-and-Steel plant Zelezara Smederevo, in which UralVagonZavod and “Krasny Oktyabr” were interested in within the period from 2012 to 2014, American Esmark Steel Group is to purchase. Russian investors have failed to agree with Serbia. Belgrade does not agree with the reduction of staff and termination of the blast furnace.
Esmark Europe B.V., a structure of the American Esmark Steel Group, has turned out to be the only claimant on the purchase of 80% shares of the Serbian metallurgical plant Zelezara Smeredevo, The Minister of Finance of Serbia, Dusan Vujovic asserted on January 9th (the plant is 100% state-owned). He hopes the agreement with the company will be signed before the end of January. According to the Serbian Blic, Esmark promised to invest $400 million into the plant before 2020. RIA Novosti stated, citing the head of the tender board, B.Bojkovic that two more proposals have not been considered because of non-observance of the terms of the tender.

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VMK “Krasny Oktyabr” to assemble new equipment at the metal-roll finishing workshop

New equipment, i.e. five 3-batches and hardening furnaces, will be assembled at the flat stock finishing workshop of the Volgograd metallurgical plant “Krasny Oktyabr”. Part of the equipment has already arrived, the press-service of the enterprise states.
“These furnaces mean high quality metal with mature mechanical characteristics for “Krasny Oktyabr”. The specialists of the plant started first assembly and wait for specialists of BOSIO (Slovenia), the supplier of the equipment, to carry out the installation. The assembly of equipment of the hardening shop and pre-commissioning procedures will start under their guidance. Trials start will take place in Q4, 2014,” is said in a plant paper of VMK.

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VMZ “Krasny Oktyabr” to resume production of cold-rolled sheet from stainless heat-resistant steel

The Volgograd Iron-and-Steel works “Krasny Oktyabr” will start manufacturing cold-rolled steel of up to 0.8 mm in thickness from stainless heat-resistant steel grades. The output of this product has been frozen for the last 20 years, the press-service of the company states.
Within the framework of the project, there will be repaired the mill “1600”. It was put in operation in 1947 and conserved in 1995. The repair operation has already started.

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