Cherepovets metal works raises price for rolled steel made in March

Cherepovets metal works, a Severstal’s subsidiary raises price for rolled steel made in March. In particular, they raise price by 4-7% for hot rolled thin steel, by 6-10% for hot rolled thick steel, by 7% for cold rolled steel, by 2% for galvanized steel, by 4% for rolled steel with polymer cover, by 3% for dynamic steel, and by 3% for pipes. The growth in prices is explained by favorable price situation and stable demand at the global market accompanied with weakening in ruble rate and the current Russian prices that are much lower now than in average in the world.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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