13,744.64 TRY BIST 100 BIST 100
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6,089.00 TRY Gold (gr) Gold (gr)
99.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

The steel price index for ferrous metal products increased

The steel trade price index for ferrous metal products increased by 4.9 points (+ 0.67%).

The steel price index for ferrous metal products increased

From January 20 to January 26, 2023, the composite metal trade price index for ferrous metal products in the Central region of the Russian Federation increased by 4.9 points (+0.67%).

In the previous period, this indicator increased by 3.39 points (+0.46%) and increased by -3.62 points (+0.5%) in the former period.

The following types of rolled metals are taken into account when calculating the index:

  • Rebar
  • Profile
  • Round iron
  • Cold rolled, hot rolled and galvanized flat steel
  • Bracket,
  • U-profile
  • VGP and e/s pipes

One standard size is selected for each type of rental. During this period, prices for 3 types of rolled products decreased. There was a decrease in price (-0.19%). The types that decrease in price are round iron, e/s pipes (-0.01%) and u-profile (-0.016%). Besides these, VGP pipe prices remained stable.

The largest price increase was observed in hot-rolled sheets (+1.68%) and the smallest increase was observed in profiles (+0.09%).

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