Trading house CMI is pleased to review the Russian market of ferrous metal in January, as well as forecasts of the situation in February.
In the domestic market, reinforcing bar Russia has seen an excessive increase in stock prices caused by the fact that Russian producers have raised prices in February to 2,500 rubles. / T including VAT. So fitting A500C D12mm invited from warehouses in Moscow already 27,000 rubles / t including VAT.
According to specialists of the marketing department of Trade House CMI spot market necessity, but adopts the increase. Surplus stocks rolled traders are not observed, warehouse prices continue to grow actively, and traders are ready to place orders with manufacturers.
On the spot market structural shapes as higher prices, the corners of 50-63 already sold at 26,700 rubles / ton VAT from a warehouse in Moscow. However, unlike the valve (where the potential growth of prices from producers to expire) on the market structural shapes, this trend may still continue. Therefore, we need to be ready for the new increases in stock prices on the corners and channels.
In the international market of flat rolled steelmakers, within two months raised the price of hot-rolled coils by more than 40%, took a pause. Following the foreign economic situation Russian producers of flat rolled steel prices increased in February. Thus, plants NLMK and Severstal have raised prices for hot-rolled sheet by 15-16% and cold - by 10-13% (including the abolition of hidden commercial discounts). CMI has raised prices for hot-rolled sheet with thickness of 16 mm by 14%, thickness exceeding 16 mm by 5% on cold-rolled sheet by 10% on galvanized steel by 8% and rental coated by 7%.
These actions of Metal replied the rapid growth of storage quotes that have already surpassed the February purchase prices and continue to rise. Since lists art. 3 of a thickness 6-12 mm. now sold at 26000-26300 rubles / ton in Moscow with the VAT. In addition, there is a high activity of traders in the placing of orders from manufacturers in February, indicating that traders' expectations of future growth ex-works prices.
The market profile industry began a noticeable intensification and rising prices caused by the rise in price of rolled. Despite the low seasonal activity, traders are forced to raise their quotes, which causes intensification of demand, as consumers try to have time to replenish their stocks at old prices.
Press Center TD CMI
No comments:
Post a Comment