Source Pravda.Ru

Russian Pipe Companies to Raise Prices

Russian pipe companies will increase their sales prices by 10 percent on average by the middle of 2003, chairman of the board of directors of the Chelyabinsk Tube Rolling Plant Andrey Komarov, who is also co-chairman of the Foundation for the Development of Pipe Industry, stated at a press conference today. According to him, the trend of a quarterly price increase by metal works will be preserved; eventually, pipe companies will have to raise prices, too. However, in the event an agreement is reached, this level could be decreased.

Since the summer of 2002 and until now, Russian metal companies twice increased prices by 5 to 20 percent on average.

Comments
Russia close to recognising Donetsk and Luhansk republics after Donbass elections
Paris Peace Forum: A First Step but watch the Lobbies
Russia unveils nuclear-powered interstellar spaceship
Russia close to recognising Donetsk and Luhansk republics after Donbass elections
Russia close to recognising Donetsk and Luhansk republics after Donbass elections
Mikhail Gorbachev shares his thoughts on nuclear war
2018: A critical lack of common sense in world governance
Capital outflow from Russia sets new records
Russian PM threatens not to go to World Economic Forum in Davos
Russian PM threatens not to go to World Economic Forum in Davos
Russia close to recognising Donetsk and Luhansk republics after Donbass elections
On the report of Human Rights Watch against the DPRK
World War I: Remembering the fallen, and the war criminals
Russian Foreign Minister negotiates with terrorists in Moscow
2018: A critical lack of common sense in world governance
The world ready to help Iran circumvent US 'revolutionary' sanctions
Russia unveils nuclear-powered interstellar spaceship
Russia unveils nuclear-powered interstellar spaceship
Russian Foreign Minister negotiates with terrorists in Moscow
Russia negotiates with terrorists in Moscow
Russia negotiates with terrorists in Moscow