In January Russian manufacturers increased prices by 12.7% YoY.
According to Rosstat, the highest increase was observed in iron ore prices – by 21.7%.
Machinery and equipment for metal industry increased in price by 16.8%, quarrying machinery – by 15.8%.
Copper prices went up by 6%, pig iron, steel and ferroalloys – by 4.6% on average, and other steel wares – by 3.2%. (Ukrainian metal)