Russian metallurgists to increase the prices of rolled metal by 1-2% in December due to escalation in IORM prices

In December 2013 Russian metallurgic companies will increase the internal prices of rolled metal by 1-2% due to the forecasted growth of the prime cost, particularly, due to the escalation in prices of IORM at the world market, the representatives of the largest Russian metallurgic companies reported.

Today hot-rolled metal costs about 17-20 thousand RUR per ton, cold-rolled metal – 20-26 thousand RUR per ton depending on the assortment, the region and the way of dispatch, the market competitors note.

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