Yes that stuff will be fine. I've been shooting that stuff and have not experienced any problems, maybe it's because I'm only using 10 round magazines.
EDIT: Yes, Red Army does make ASR/Burro OK ammo. It comes in nonmagnetic-steel case and nonmagnetic-brass.
Now those people who wants to sell their Yugo stash for 60 cents a round can eat it!
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