The Ashinsky Metallurgical Plant (AMZ), a major Russian defense supplier, will suspend its stainless-steel division and lay off over 300 employees due to significant financial losses, with a reported net loss of approximately $2.4 million in the first quarter of 2025. The decision is part of a broader strategy to concentrate resources on core production and modernization amid declining market demand. The plant's management indicated job placement assistance will be provided to affected workers.