Domestic scrap purchase prices have continued climbing in Russia, heated up by another upward movement in deal prices in the Turkish market. Most market players remain positive for the coming weeks, and so both exporters and local mills are now ready to pay higher prices to scrap collectors, SteelOrbis understands. Since late last week, exporters’ purchase prices at port in St.Petersburg have increased by $7/mt (RUB 500/mt) to $291/mt (RUB 21,600/mt) CPT. Mills’ local purchase prices for scrap in Russia are given in the table below.
Russian mills’ purchase prices for A3 grade
Region |
Transportation |
Price (RUB/mt) |
Price ($/mt) |
Price change (RUB/mt) |
Price change ($/mt) |
Central |
Railway, FCA |
20,300-20,700 |
274-279 |
+500-700 |
+13-15 |
Southern |
Auto, CPT mill |
21,000-22,900 |
283-309 |
+500-1200 |
+13-23 |
Ural |
Railway, FCA |
20,300-20,800 |
274-280 |
+300-500 |
+10-12 |
Prices exclude 20 percent VAT.
$1 = RUB 74.17
