Russian steel producers’ domestic scrap purchase prices

Friday, 14 October 2016 13:36:00 (GMT+3)   |   Istanbul
       

According to market sources, the A3 grade scrap purchase price of Russian steel producer Novorosmetall Steel in its domestic market has decreased by RUB 700/mt ($11/mt) month on month to RUB 10,800-11,100/mt ($171-176/mt) delivered to customer.
 
Meanwhile, another Russian mill Tagmet's domestic A3 grade scrap purchase price has remained unchanged over the past week at RUB 12,200/mt ($194/mt) delivered to customer.
 
Additionally, REMZ Steel has kept its A3 grade scrap purchase stable over the same period at RUB 11,900/mt ($189/mt) delivered to customer.
 
$1 = RUB 62.98

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