Prices to go up in August-October

摘要

By July 20, the average market price for A3 scrap added 3% in the Europeanpart of Russia and 1% in the Ural region. Steel scrap prices will increase in August-October amid tougher competitionamong steelmakers as they will be actively restocking for winter.The major regional consumers will set the trend in the market: NLMKKalugaand CherMK in the European part of the country and NLMK-Uraland MMK in Ural. Steelmakers will be trying to cut purchase prices inlate October as they will be rather well-stocked.