Russia faces shortage of one of its construction materials

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There may be a shortage of rolled steel used in construction in Russia. The newspaper writes about this “Vedomosti”.

The potential shortage of construction materials is due to limited supply. Due to high capacity utilization as well as planned and unscheduled equipment repairs, the largest rolled steel production plants, including Magnitogorsk Iron and Steel Works (MMK) and Severstal, cannot meet such high demand.

Against this background, the cost of building materials in the Russian Federation has increased significantly. Thus, last year, the price of cold-rolled steel increased by 40% to 82.8 thousand rubles per ton, the price of galvanized steel increased by 41% to 104.4 thousand rubles per ton, and the price of polymer increased by 44% to 138.3 thousand rubles. per ton. The trend continued in 2024.

Before that the Russian Federal Antimonopoly Service (FAS) clarified cartel agreement between construction material manufacturers.

Previously recognizedHow many Russians do repairs themselves?

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