Last week, Severstal announced that it would limit the rise in prices for rebar in October to 65 thousand rubles per ton, including VAT. The company also confirmed its commitment to long-term contracts for government infrastructure projects, where fixed prices are established. MMK also stated that it will not increase prices for rebar for any categories of consumers and prices will be left at about 56 thousand rubles per ton including VAT.
Russian metallurgical giants and the Ministry of Industry and Trade agreed to curb prices for rebar
After a joint meeting of the Ministry of Construction and the Ministry of Industry and Trade, held under the leadership of Viktor Evtukhov and Deputy Minister of Construction and Housing and Communal Services Nikita Stasishin on October 6 and dedicated to the problem of prices for building materials, the departments agreed to introduce restrictions on prices in October.
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