News. Russian ferrous metallurgy news. March

Over 200 delegates gathered today in Moscow for the 20th International Conference " Galvanized and pre-painted products: Production and Consumption Trends ", organized by the "Metal Supply & Sales" Magazine. The event included over 20 executives and specialists from the MMK Group, a similar delegation from Severstal, and a large delegation from the NLMK Group. Other producers of galvanized and pre-painted products were represented, alongside leading processors, manufacturers of end products, ...

The problem of non-payments is escalating on the Russian market. Even large state-owned companies are failing to meet their obligations. This is increasingly reducing business activity and negatively affecting the level of demand for steel products. On the spot market for hot-rolled and cold-rolled steel, there are noticeable trends toward a slow decline. However, significant changes in monetary policy in the near future are unlikely, so the market situation is expected to remain unchanged. ...

Meteorologists are predicting a rise in temperature but the market of rolled metal products for building purpose, quite opposite, is frozen. Some metal trading companies forecasting a decrease of demand for the rebar decrease of an apparent demand on 30 percents, compared to last year’s figures. Players on the market inform that the sales on January-February period were better than they were in March. At the same time, strangely enough, the spring revival is present, deals are done, just rarely ...

“Metallurgists and traders are adapting to a complex situation in both domestic and foreign markets”: with such a headline on the front cover the March issue of Metal Supply and Sales has been published. Participants of the Galvanized and Pre-Painted Products Conference (20-21st of March, Moscow) will be one of the first to watch it. The new issue opens with an editorial about the problems of excess capacity in the domestic and global steel markets. The issue also addresses to possibilities ...

Analytical service of "Metal Supply and Sales " Magazine continues publishing the MSS-TM index (Market Temperature). The value of index is defined by expert surveys on weekly basis. According to the expert assessments, The Russian steel market has undergone a qualitative change. For the first time since June last year, the total index exceeded 50 points, which separates the observed growth from the decline. A week ago, this level exceeded the expected index, which continued to rise. However, ...

Nowadays the stainless and specialty steels market in Russian Federation keeps developing rapidly. The demand for products is growing, which is due to an active consumption In the machinery, military, chemical, food industries, as well as in the machine tool industry and instrumentation. At the same time domestical manufacturers cannot cover demands from the internal market in the full extent, that is why there is still a substantional stake of imported products. Registration for the 11-th Stainless ...

Metalloinvest a leading global producer and supplier of HBI and iron ore products, and a regional producer of high quality steel, announces the closing of the order book for the placement of Series 001P-12 exchange-traded bonds by open subscription for a total amount of RMB 1.5 billion. The bookbuilding results set the final coupon at 10.20%, a reduction of 50 basis points from the level at the opening of the order book. To meet the strong demand from the investment community, the issue size ...