Ferrous metals price index in the Russian market in March 2017

15.03.2017
In March 2017,ferrous metal prices in the Russian market have slightly increased. Ferrous metals market composite price index (acc. to Infogeo.ru) increased by 0,1% and resulted in 1.8421.The maximum price indexfor beam sections has increased by 2,4%, for channels by 1,8%, and for strips by 1,7%. The maximum price index for discs has decreasedby 2,4%, for cold-rolled sheets by 2,1%, for rolled wire by 1,1%.

Price index decrease:
Reinforcing steel - 0,56%
Rolled wire - 1,12%
Disc - 2,40%
Square bars - 0,25%
Hot-rolled sheet - 0,07%
Checker plate – 0,07%
Cold-rolled sheet – 2,12%
Seamless pipe – 0,25%

Price index increase:
Beam section + 2,39%
Galvanized sheet + 0,48%
Strip + 1,68%
Gas-and-water pipe  + 1,24%
Electric-welded pipe  + 1,34%
Angle bar  + 0,84%
Channel   + 1,82%

Source: Infogeo.ru