RIA Novosti quoted Mr Andrei Kashevarov service deputy head said Russia Federal Antimonopoly Service has demanded an explanation from the country largest steel maker Severstal following complaints from car maker AvtoVAZ about unreasonably high prices for milling products.

He said that "We are not so much concerned by rising prices, but by non transparent pricing, adding the Federal Antimonopoly Service would discuss the issue on December 17.”

(Sourced from RIA Novosti)