Fastmarkets’ weekly price assessment for steel hot-rolled (HR) sheet, domestic, cpt Moscow, Russia
, increased on Monday to 60,500-62,000 roubles ($816-837) per tonne including 20% value-added tax, up from 58,000 roubles per tonne in the preceding two assessments.
Immediately before the holidays, Severstal increased its HR sheet price for stockists to 60,500 roubles per tonne cpt Moscow for January. Material from MMK, however, was heard to be available at 62,000 roubles per tonne cpt Moscow.
Traders that have stocking agreements with steel mills receive material...