. May

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. 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 ...

At the 15th All-Russian Conference “ Steel Tubes & Pipes: Production and Regional Sales ”, Pavel Rodin, Director of the Pipe Industry Development Fund, presented a report on trends in the development of the pipe industry in Russia. He noted that the total consumption of pipes in the Russian market in 2024 decreased by 5.5% to 11.4 million tons. Almost all segments of the pipe market showed a decrease in demand. Assessing the current economic conditions, steel pipe consumption in Russia 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 ...

Ekaterinburg hosts the 15th All-Russian Conference “Steel Tubes & Pipes: Production and Regional Sales”. Organizer: Metal Supply & Sales Magazine. The conference is attended by about 150 representatives of pipe and steel companies, metal traders and equipment suppliers. The first session of the conference was devoted to general trends in the Russian and global market. Leading specialists of steel mills and major pipe companies in their reports told about their vision of the current state and ...

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. ...

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 ...

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

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 ...

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 ...