Russian steelmakers propose to index cutoff price for steel excise by inflation since 2022

Russian steelmakers are proposing to index the cut-off price used to calculate the excise tax on steel, which was set at 30,000 rubles per tonne in 2022, by accumulated inflation over the past four years, Severstal CEO Alexander Shevelev said in an interview with Interfax on the sidelines of the St. Petersburg International Economic Forum. "We have submitted our proposals to the relevant ministries. They are still being discussed. We don't know what the final decision on the excise will be," ...
30 June 2025., 10:15   comment

Cold June, Not hot July. Russian sheet steel and welded pipe market: June 9-18

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 ...
20 June 2025., 11:03   comment

What to hold on to? Russian market of rolled products: June 6-16

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 ...
18 June 2025., 10:15   comment

Business is good on holidays

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 previous week was shortened due to holidays, but sales during these days went well. First of all, it was related to rebar, but also in the problematic sector of hot-rolled products there were shifts for the better. Consumer demand was also quite active. In particular, most experts do not see ...
17 June 2025., 10:15   comment

Dancing on an inclined plane. Russian and world market of rolled sheet products

The Russian market of flat rolled products continues to shrink. Distributors and producers of welded pipes are reducing purchases of hot-rolled sheet and coil due to the continuing narrowing of demand. And no matter how hard metallurgical companies try, surplus products are gradually accumulating in warehouses. This problem is not too acute yet, but in case of further decline in consumption it may become actualized. Despite all these negative trends, prices for steel products are still relatively ...
06 November 2025., 12:14   comment

The steel product market is gradually cooling

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 Russian market of steel products as a whole remains in the growth zone, but it is gradually cooling down, the reason for which is obviously a decrease in investment and economic activity. Sales and demand indicators so far show a decline only in the hot-rolled steel sector, but overall growth ...
06 March 2025., 10:15   comment

Your course leads to danger. Russian long products market: May 12-26

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 ...
28 May 2025., 10:15   comment

Russia to resume supplies of rolled products to India

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 ...
27 May 2025., 10:40   comment

Hot-rolled steel became the coldest rolled product

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 ...
27 May 2025., 10:15   comment

Steel in Russia will become cheaper in 2025

The average price for rolled steel in the domestic market of Russia in 2025 will decrease by 11% compared to the level of last year. This forecast is given in their review by experts of the analytical company “Euler Analytical Technologies”. According to the company's forecast, the cost of 1 ton of hot-rolled steel at manufacturers (EXW basis - ex-works) this year will be $543. Last year 1 ton of rolled products in Russia could be bought for $608, in the first quarter of 2025 the weighted average ...
23 May 2025., 10:15   comment

Rebar retains positive momentum

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. ...
20 May 2025., 10:40   comment

Prices for metallurgical raw materials fell to their lowest levels since the beginning of the year

Forecast prices for ferrous scrap decreased this week to 23 thousand rubles per tonne, which was the minimum since the beginning of the year. Steelmakers are reducing purchase prices after a short-term increase in scrap prices since April, when some producers were replenishing stocks. Scrap prices may continue to decline until the end of the month and remain at their lowest levels during the summer, which will contribute to lower scrap collection. Since 12 May, the majority of metallurgical ...
16 May 2025., 10:15   comment

Forecast of billet prices from Russia on export markets in May

Translom analysts believe that in May 2025 prices for Russian square billets will adjust downward in a limited range. Weakening prices for raw materials and semi-finished products on the export market and strengthening of the ruble against the US dollar will put multidirectional pressure on quotations of Russian suppliers and contribute to limited supply. At the end of April quotations of semi-finished products from Russia decreased to 420-430 $/t FOB. Subscription to news
15 May 2025., 10:40   comment

When, if not now? Russian long products market: April 25 - May 12

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 ...
14 May 2025., 10:15   comment

Export prices for Russian steel have fallen to a three-year low

By early May, export prices for Russian steel had fallen to the levels of the crisis year 2022. This affected both semi-finished and remanufactured steel products. The escalation of trade conflicts and steel overproduction will lead to a further decline in value, experts predict. The trend of 2025 in terms of pricing in the market, in their opinion, will be regionalization: prices in Asia, Europe and the U.S. for the same brand of rolled products can differ by hundreds of dollars. Export prices ...
05 December 2025., 11:47   comment

Time of no change. Russian and world flat steel market: April 23-28

At the end of April there were no significant events on the global or Russian steel market. The situation was determined by the previous trends, which consisted of weak demand for flat products, low level of business activity and relatively stable prices. Russian steel mills, in particular, announced an increase in quotations for May, but in June they will probably have to give up the continuation of growth. Visible consumption of all categories of flat products is noticeably lagging behind ...
30 April 2025., 10:10   comment

Rebar is in a good demand before the May holidays

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. At the end of April, according to experts' reports, rebar became a highly demanded type of steel products. Most of them pointed to increased sales before the holiday break and decent consumer demand. The situation in the medium-sized profile pipe sector was also generally favorable, while hot-rolled ...
29 April 2025., 10:40   comment

The return of the cold weather. Russian and world market of long products: April 18-25

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 ...
29 April 2025., 10:10   comment

Spring always comes. Russian long products market: April 14-21

The weather this spring is simply “wonderful”! Then early warmth, then cold, then summer heat! Now we expect cold weather again. Nevertheless, seasonal growth in the construction industry has occurred. Although in absolute values it looks more modest than in the previous two years, the intensification of consumer demand allows metal trading companies to raise prices, trying to bring them to the level of primary market quotations or slightly higher. Metallurgical companies, for their part, maintain ...
23 April 2025., 10:15   comment

Market environment is relatively stable

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. In the middle of April the situation on the Russian market of steel products was relatively stable. The previous processes continued on it, no significant rate changes were observed. Estimates of sales and demand in the last week were contradictory, but the extremes compensated each other's influence. ...
22 April 2025., 10:34   comment