The analytical service of “Metal Supply & Sales” Magazine continues publishing the MSS-TM Index (Market Temperature Index). The index value is determined through weekly expert surveys. Experts noted that in mid-March, sales of rebar and medium-sized profile pipes were at a decent level. However, while sales remain significantly below figures from a year ago, the overall trend is positive. The only sector showing no progress is hot-rolled steel, which continues to decline in price. Sales expectations ...
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 ...
Analytical service of "Metal Supply and Sales " Magazine continues publishing the MSS-TM index (Market Temperature). The value of index is defined by expert surveys on weekly basis. According to the expert assessments, The Russian steel market has undergone a qualitative change. For the first time since June last year, the total index exceeded 50 points, which separates the observed growth from the decline. A week ago, this level exceeded the expected index, which continued to rise. However, ...