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Russia: wheel prices increase

The Federal Antimonopoly Service has initiated a case against railroad wheel manufacturers – Vyksa Iron and Steel Works and NTMK. They are suspected of setting monopoly high prices for wheels. The service reported a considerable increase in price since H2 2017. In April the Eurasian Economic Committee increased antidumping duty for Interpipe wheels from 4.75%…

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Russia: Severstal Distribution sales to Serwistal up in January-August 2018

In January-August Severstal Distribution increased sales to Serwistal (Poland) by 70% YoY. The company supplies hot-rolled flat metal, as well as galvanized and polymer-coated rolled metal. The metal is then processed into sheets and strips. “We have been cooperating with Serwistal since 2010, but it is now that we have considerably increased our sales due…

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