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Weak fluctuations in Russia’s Scrap market in October

Russia’s ferrous scrap market remained calm throughout October 2025, showing no sharp price swings or significant changes in supply–demand dynamics.

Weak fluctuations in Russia’s Scrap market in October

The 3A scrap price index for Russia (CPT railway, Ural Federal District) increased by 581 rubles in the final week of September, reaching 21,641 RUB/ton excluding VAT.
The average index value for October came in at 21,540 RUB/ton excluding VAT, marking an increase of 1,050 rubles compared with September.

Industry participants do not anticipate significant price jumps in the short term. The most probable scenario is continued stability or a slight downward trend, supported by a balanced supply–demand environment.

At the same time, there are no signs that major consumers are building winter inventories, a factor that could have pushed scrap prices higher.

Overall, October passed with minimal market volatility, reinforcing expectations of steady pricing in the near future.

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