Following the rise of the world prices for rolled metal and the weakening of the ruble exchange rate the prices for rolled metal on Russian market could increase.
The growing demand as well as the price increase for all the main raw materials also contribute to this.
According to the market participants, MMK plans to increase prices in August. Hot-rolled metal prices will increase by 6-12%, cold-rolled, galvanized and polymer-coated metal – by 5-10%.
Other major manufacturers are likely to increase prices in this range as well. (Ukrainian metal)