The Ukrainian Metal

Russia: metal wares market players preparing for price increase

According to the market sources, manufactures of metal wares intend to increase prices in April.

One of the major suppliers in addition to a 5% price increase in March has already announced the further growth: in April fasteners will become 10% more expensive, resulting in the price increase for bolts by 5-7%.

Experts believe that the price of nuts will grow by 5-8%, while of bent washers – by 5%.

The expected growth of wire price could amount to 3 thousand rubles per ton (with VAT), and for nails – some 2 thousand rubles per ton (with VAT). (Ukrainian metal)

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