The Ukrainian Metal

Russia: Rostec to complain to government about metal products price hike

State industrial corporation Rostec plans to ask the government to work with metals companies which have increased prices by about 30% YoY, CEO Sergei Chemezov reported.

“We have a really big problem with metals companies. They have lifted the prices very high, by almost 30%”, he said. “One should not raise prices this fast. I can understand a 10% increase, but not this. We will send a request to the government asking them to influence companies”.

He said he meant a prices rise in annual terms. (Prime/Ukrainian metal)

Exit mobile version