. April

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 ...

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 ...

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 ...