the Federal Antimonopoly service (FAS) of Russia offers to oblige state companies to sell on the exchange all formed they scrap on the exchange. The project is aimed at the Russian government headquarters.
Since state-owned companies not always are engaged in scrap collection, the service offers them to purchase the services "processing and further sale of recycled scrap on organized trading exchanges"
in This way the regulator hopes to increase market transparency and operational efficiency. Scrap from state-owned companies account for up to half of this raw material in Russia, the total market is estimated at 1 trillion rubles per year. The bulk of the scrap give of Russian Railways, "Gazprom", the defense Ministry and "Rosneft". Offers FAS the main threat to the interests "of Translam", which has now signed an exclusive contract to scrap the Railways and the defense Ministry.
