Russia wants to raise prices for reinforcing rental

According to Deutsche Bank, the Russian metallurgical companies Evraz Group, NLMK and Mechel raise prices for reinforcement. In September, the cost of reinforcement used in construction will supposedly increase by 10% to $ 800 per ton. For curious: OJSC "Novolipetsk Metallurgical Plant" is one of the largest metallurgical plants in Russia. NLMK has a full metallurgical cycle and produces cast iron, slabs, cold -rolled, hot, galvanized, transformer steel and steel with a polymer coating. Evraz Group-is the largest mining and metallurgical holding in Russia. It unites the Nizhny Tagil, West Siberian and Novokuznetsk Metallurgical Plants, the Palini E Bertoli (Italy) and Vitkovice Steel (Czech Republic), the steel company Claymont Steel (USA). The mining business of the group includes the Evrazrud mining enterprise, Kachkanarsky and Vysokogorsky GOK, the Razdadskaya mine (40% of the shares) and Yuzhkuzbassugol. Evraz Group also owns and controls the Nakhodkinsky sea trading port in the Far East. OJSC "Mechel" is a leading Russian company. Mechel includes four segments: mining, metallurgical, energy and ferroalloys. The company unites coal manufacturers, iron ore concentrate, steel, rental, ferroalloys, high -altitude products, thermal and electric energy. Mechel products are sold in Russian and foreign markets.