Russian steel producers’ domestic scrap purchase prices

Friday, 03 June 2016 16:00:44 (GMT+3)   |   Istanbul
       

According to market sources, Russian steel producer Novorosmetall Steel's A3 grade scrap purchase price in its domestic market has fallen by RUB 300/mt ($5/mt) compared to its previous prices announced on May 25 to RUB 13,100/mt ($197/mt) delivered to customer. Meanwhile, another Russian mill REMZ Steel's domestic A3 grade scrap purchase price has declined by RUB 200/mt ($3/mt) compared to its previous prices announced also on May 25 to RUB 12,300/mt ($185/mt), delivered to customer.
 
$1 = RUB 66.46

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