Steel prices have been increased by 1~4 percent in Russia based on different products.

The HRC domestic price currently is US$661/mt, up from 1.3 percent last month. Also, the CRC price is US$768.06/mt, which has reached the similar level to the performance before Christmas.

Russia's export price of CRC in March was increased by US$10/mt, up to FOB US$610/mt. Conversely, the part of HRC was dropped by US$5/mt, down to FOB US$520/mt.

Additionally, steel prices have been increased dramatically in Ukraine. Its export prices were soared by more US$50-60/mt than last month due to the increase of raw material cost and strong demand in Middle East market.

According to Ukrainian dealers, the sales prices of HRC and CRC were FOB US$530-540/mt and FOB US$600-630/mt respectively in past two weeks.