The Russian market has become historically considered premium-domestic prices on average 4-7% higher than the world. However, over the past year (from 1P 2024), the prize is steadily exceeding 10% and even reached 16% in May of this year! What to expect further?
according to the forecasts of the agency & quot; Aler & quot;, by the end of 2025, the steel bonus on the Russian market will practically be reset, and by 2026 a rather tangible discount
will be the key factor of compression of the premium will be a drop in steel prices in Russia in the background:
the reduction in the reducing of the raw materials of the raw materials (coke, scrap and ore)
reduction of demand from the builders due to the high rate
growth in the sector (steelmers from China and Kazakhstan will enter the market)
However, by 2026, the growth of world prices should also make their contribution to the compression of the premium-export prices will increase by 13-14% against the background China.
