“Currently, FAS Russia is observing an increase in prices on the market for metal products, including fittings.

To establish the validity of such prices, the department is conducting an investigation (requests for information have been sent to market participants and government authorities), ”RIA Novosti quotes a message from the department.

According to the service, Russian companies produce more metal products than is necessary to meet demand in the domestic market.

Earlier, RBC reported that the FAS proposed to introduce export duties on steel products and raw materials for them for six months.