The Russian market of steel products for construction purposes is increasingly approaching the state when "there is no money, but you hold on." First of all, the solvent demand for housing is declining, and distributors are losing not only the opportunity, but also the desire to launch new projects. Forecasts for the consumption of rolled products this year are becoming increasingly pessimistic. So far, the summer weather has generally supported suppliers of steel products, but the trends are ...

May has come to an end, summer is coming soon. It would seem that we should build now and build! However, many suppliers of steel products for construction purposes point to low demand. Individual housing construction (IHB) shows positive dynamics, but without the construction of new apartment buildings neither steel companies nor steel traders will have enough orders. In general, not very typical trends are observed in the market. Prices for rebar and shaped rolled products, contrary to traditional ...

The analytical service of “Metal Supply & Sales” Magazine continues publishing the "MSS-TM index" (Market Temperature). The value of this index is determined through expert surveys on a weekly basis. The pause for the May holidays did not change anything on the Russian market of steel products. As before, rebar still holds the strongest positions on it. Many experts report an increase in sales in the middle of May and note a rather high demand. At the same time, hot-rolled steel remains an outsider. ...

The Russian long products market spent the holiday break on the whole quite well. Visible demand on working days was at a high level, as many consumers purchased metal in stock. Weather deterioration was a bit of a problem in some regions, but it should soon return to normal. Prospects for the second half of this month are assessed differently by market participants, but the approaching summer gives hope for further expansion of consumption volumes. Nevertheless, there are also many risks for ...

Before the pause in the first half of May, the Russian market of rolled products for construction purposes was in a “frozen” state. The demand for rebar in some regions was characterized as weak, and the level of spot prices in the end of the month was slightly lower there. In other places more active consumption allowed metal traders to stabilize quotations. However, even that weak growth, which was observed throughout most of April, came to naught. The Central Bank's decision to keep the key ...

An unexpected return of winter in European Russia slightly chilled the rebar market, but overall conditions remain acceptable. Demand is weak yet relatively stable, without significant drops. Amid the economic downturn, the construction sector is holding up better than many other industries. However, the lack of substantial oversupply is also crucial. This allows metal trading companies to gradually raise prices, though average quotations in Moscow still lag slightly behind the primary market. ...

An unexpected return of winter in European Russia slightly chilled the rebar market, but overall conditions remain acceptable. Demand is weak yet relatively stable, without significant drops. Amid the economic downturn, the construction sector is holding up better than many other industries. However, the lack of substantial oversupply is also crucial. This allows metal trading companies to gradually raise prices, though average quotations in Moscow still lag slightly behind the primary market. ...

Prices for rebar on the Russian market rose slightly in late March, reaching their highest level since November of last year. Some steelmakers raised their April quotes for this product, while others kept them unchanged, but the upward trend in primary market prices is clear and will likely continue in the near future. As a result, traders have little choice, especially since spot prices in most regions lag behind factory prices. Although the construction industry remains broadly unfavorable ...

Prices for rebar on the Russian market rose slightly in late March, reaching their highest level since November of last year. Some steelmakers raised their April quotes for this product, while others kept them unchanged, but the upward trend in primary market prices is clear and will likely continue in the near future. As a result, traders have little choice, especially since spot prices in most regions lag behind factory prices. Although the construction industry remains broadly unfavorable ...

The Russian rebar market has entered a state of stagnation. Both metallurgical companies and distributors would like to raise prices for this product, but there are no objective grounds for doing so. While demand for rebar exists, with some companies even reporting an uptick in the second half of March (albeit from a very low base), the construction sector, broadly speaking, has not shown signs of a spring revival. Another significant challenge for metallurgical companies is the strengthening ...

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 ...