Domestic Russian flat steel prices up in anticipation of seasonal high demand

Prices for flat steel products in Russia’s Central Federal District around Moscow increased in the week to Monday February 27 with mills and traders expecting higher demand in March.

Fastmarkets’ weekly price assessment for steel hot-rolled sheet, domestic, cpt Moscow, Russia, was 61,000 roubles ($802) per tonne including 20% value-added tax (VAT) on Monday, up from 59,500-60,500 roubles per...