American and European companies are going to raise prices for metal distribution

Those inspired by the ascending market trend metallurgical plants of the EU and the United States are thinking about raising prices by $ 40-50 per ton in the near future. The economies of the United States and Europe have not shown noticeable changes, except for random glimpses that disappear in the blink of an eye.

However, some slow, but comforting movements of industrial production and PMI indicators complicated by the regulations of the Greek and Spanish housekeeper still inspire hope. At the same time, German industry remains slow, but stable.

The US economy fluctuates between revival and peace, although the demand in the automobile and gas sector contributes to restoration on the path to restoration. Unemployment remains a problem with an area of ​​growth of 7.3 percent in October with 7.2 percent in September. Despite some encouraging features, the economic situation remains a shaky with a fall in the markets and the profitability of bonds.

Against the background of a superficial economic rise, the plants were tied to the overall production of Europe and China. At the same time, Chinese factories holding on to the level of exports late, thereby supporting the EU plants to postpone any plans for amendments.

The CIS plants are more objective, maintaining the level of reservation price for December unchanged. Ukrainian plants offer HRC for booking in December 530-535 dollars per ton, CRC is quoted at 595-600 dollars per ton. Nevertheless, the discount of $ 5-10 per ton is not excluded if there is no offer at the current levels.