Russian rebar market has entered a state of stagnation. Both metallurgical companies and distributors would like to raise prices for this product, but there are no objective grounds for doing so. While demand for rebar exists, with some companies even reporting an uptick in the second half of March (albeit from a very low base), the construction sector, broadly speaking, has not shown signs of a spring revival. Another significant challenge for metallurgical companies is the strengthening ruble ...

The problem of non-payments is escalating on the Russian market. Even large state-owned companies are failing to meet their obligations. This is increasingly reducing business activity and negatively affecting the level of demand for steel products. On the spot market for hot-rolled and cold-rolled steel, there are noticeable trends toward a slow decline. However, significant changes in monetary policy in the near future are unlikely, so the market situation is expected to remain unchanged. ...

The problem of non-payments is escalating in the Russian market. Even large state-owned companies are failing to meet their obligations. This is increasingly reducing business activity and negatively affecting the level of demand for steel products. On the spot market for hot-rolled and cold-rolled steel, there are noticeable trends toward a slow decline. However, significant changes in monetary policy in the near future are unlikely, so the market situation is expected to remain unchanged. ...

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 Sales magazine Metal Supply and Sales keep on publishing a MCC-TM index (Temperature of the market). 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, ...