Russian metal prices for car makers to rise 20-22pct

Newswire

MOSCOW, May 31 (Reuters) - Russian metal producers will increase prices for domestic carmakers by 20-22 percent, Sergei Chemezov, the head of state agency Russian Technologies, said on Monday after a meeting on prices with Prime Minister Vladimir Putin. Russian Technolgies has stakes in Russia's largest carmaker AvtoVAZ and truck manufacturer Kamaz . Separately, the head of Russian Railways said the state rail monopoly could increase its freight charges by 8 percent in 2011. (Writing by ...

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