Uralvtorchermet raises procurement scrap prices

Monday, 14 August 2006 10:50:31 (GMT+3)   |  
       

Uralvtorchermet, Russia, increased the purchase prices for A3 scrap for domestic market for August deliveries. The new purchase prices for A3 scrap are varied in the range of Ruble 6,100-6,200 per metric ton (approx. $229.4), including VAT, depending on the region of delivery. Uralvtorchermet is a holding comprising scrap preparation and processing enterprises, which are located in more than 30 Russian regions, where scrap is collected and processed by approximately 200 production sites. Association Uralvtorchermet is a large player in Russian scrap market. The association Uralvtorchermet is a raw material division of Maxi-Group that provides its metallurgical plants with scrap. Among consumers of Uralvtorchermet during many years are Severstal, Mechel, Magnitogorsk Iron and Steel Works and other major Russian metallurgical enterprises.

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