Prospects for the development of a metallurgical roar in 2013 do not inspire much optimism

Brok-Invest-Service analysts provided information according to which the level of steel consumption in 2013, taking into account the last adjustment, will grow by 3.2%, and not by 4.5%, as previously expected. A decrease in the growth rate of the economy on a global scale negatively affects the consumption of steel for several years.

In 2012, the drop in the demand for metal rolling in the automobile and construction industries, related to the economic crisis, led to the overproduction of steel in Europe and the USA. Some metallurgical enterprises were closed, and the rest were forced to significantly reduce production. Companies for which production of containers is one of the main tasks, will gain some advantages, having the opportunity to purchase metal rolling at lower prices.

In 2013, agency experts do not expect radical changes in world steel markets. The development of the market will be moderately optimistic. More serious growth in world production has been expected no earlier than 2015, when an annual increase in cast iron production and will reach 5-6%.