According to market sources, the A3 grade
scrap purchase price of Russian steel producer Novorosmetall Steel in its domestic market has remained stable since August 19 at RUB 11,200-11,500/mt ($173-178/mt) delivered to customer.
Meanwhile, another Russian mill Tagmet's domestic A3 grade
scrap purchase price has increased by RUB 200/mt ($3/mt) in the same period to RUB 10,200/mt ($173/mt) delivered to customer.
Additionally, REMZ Steel has raised its A3 grade
scrap purchase price by RUB 500/mt ($8/mt) over the past week to RUB 11,600-11,800/mt ($179-182/mt) delivered to customer.
$1 = RUB 64.80