Prices of ferrous and non-ferrous metallurgical products in Russia stabilized, decreased noticeably. This was stated to reporters by Viktor Evtukhov, Deputy Head of the Ministry of Industry and Trade, transmits TASS.
“We can talk about a noticeable decrease in the prices of ferrous and non-ferrous metallurgy products. Today I would like to emphasize that the final price for steel products is balanced. And it is this price level (obtained as a result of the joint work of the Ministry of Industry and industry) that should be taken as a reference when calculating new state and municipal projects, as well as in private construction, ”he said.
The Deputy Secretary acknowledged that efforts to separate the cost of non-ferrous metals from London stock market quotes have been effective. The Ministry of Industry and Trade added that it has agreed with some Russian companies on a fixed price for steel products for the domestic market.
As before knowledgeable In November 2021, metal prices in Russia, which significantly affected the cost of housing, more than doubled compared to November 2020, reports socialbites.ca. Thus, the price of the most popular 16th diameter rebar increased by 105%.