There are no optimism in developing markets - Meps

As stated in today's message, MPS, Brazilian manufacturers of the metal distribution raised prices this month by 4-5 percent, encountered a misunderstanding and failure of new prices from regular customers. In protest, many distributors returned to the import of steel and rental.

Buyers in Turkey behave unpredictably, conducting chaotic purchases only in case of receipt of applications for metal rolling. The falling prices for key ingredients of metallurgical production, according to Meps analysts, only exacerbate the situation.

The volatility of steel prices continues to interfere with metal -trade in the united Arab emirates. Local merchants are counting on the increase in demand for varietal rental in the fourth quarter of this year.

The South African market did not justify the hopes and forecasts of metallurgists-in particular, construction organizations and corporations limited the purchases of steel pipes except the mains, such as tribe diameter 630 mm. The volume of shipments in the production and construction complex continues to lag behind, burdened by the preserved threat of massive strikes of the mining industry.

Meps analysts predict a certain decrease in prices by the end of the year and their smooth growth in early 2014. "2014 will be marked by a smooth restoration of demand from construction corporations, supported by Chinese consumer demand," they write in their last report.