The Ministry of Industry and Trade recommended that metallurgists refuse to raise prices)

19.09.2023       

On September 18, the Ministry of Industry and Trade convened a meeting at which it recommended that metallurgists refuse to raise prices. The reason for the meeting was complaints from metal consumers about the actions of IMH, the largest manufacturer of fittings in Central Russia, which warned of a price increase in September. Some developers believe that since the beginning of the month, the price of fittings has already risen by 20%.
According to Kommersant, the Ministry of Industry and Trade held a meeting on September 18 on rising prices for fittings. According to Kommersant's sources, the reason was allegedly the actions of IMH, which warned its clients about an increase in prices for fittings in September. According to some reports, the price simultaneously increased by 7-8%. As a result, buyers of fittings turned to the ministry with a request to understand the situation. PMH declined to comment. According to Kommersant's sources, at the meeting metallurgists were made to understand that prices could not be raised. The Ministry of Industry and Trade did not comment on this.

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