Low demand was a problem, now it is becoming a curse for the Russian sheet steel market. Consumer activity has completely died down. In turn, distributors are reducing purchases of steel products from plants. Metallurgical plants, of course, are reducing output and/or exporting more rolled products, but the volumes of warehouse stocks at trading houses and independent metal traders, at a minimum, are not decreasing. Some metallurgical companies have not abandoned the idea of raising factory ...

In June 2025 Russian metallurgists will supply 35,000-40,000 tons of hot-rolled steel to India at a price of $460-470 per ton on CFR basis (delivery to the port, loading and freight). This is stated in the May review of the Indian analytical company Bigmint, Vedomosti reports. This is the first such deal for the last year and a half. The price offer of Russian producers turned out to be 3-5% lower than Chinese competitors, Bigmint notes. In May on the Indian market a ton of rolled products from ...

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. Russian steel companies raised prices for hot-rolled plate and coil in May, and planned to raise quotations for these types of steel products again in June. But the market environment, according to experts' feedback, does not favor this. According to their estimates, sales and consumer demand for ...