Russian flat steel producers raise domestic prices mainly due to weaker rouble

摘要

Referring to a significant rouble depreciation, Russian flat steel producers have lifted domestic prices by 2-4% comparingto August results.Currently, 6-12 mm HR sheets are being quoted to traders at RUB 28,000-28,100/t ($420-421/t), 2 mm CR productsat RUB 33,600-33,800/t ($504-507/t), Metal Expert learned. Prices are with 18% VAT, CPT Moscow, $1 = RUB 66.7.Healthy competitive environment between local suppliers and steadily good demand from tube producers helpedproducers implement price increases.