The price index of iron metals purchased by industrial producers fell by 3.1% in February compared to the same period last year. On a monthly basis (compared to January), a 0.2% decline was recorded. According to the cumulative data for the January–February period, the year-on-year decrease stood at 3.0%.
Examining the sub-sectors, producer prices in the iron ore mining and processing segment increased by 1.0% year-on-year, while they declined by 0.8% on a monthly basis.
In the smelting and rolling of iron metals segment, prices fell by 3.4% year-on-year, while a limited monthly increase of 0.1% was observed.
In the metal products manufacturing segment, prices decreased by 0.2% year-on-year, while a 0.3% monthly increase was recorded.
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