Russian exporters of the metal distribution reduced vacation prices for July $ 50, offering customers leaf -rolled steel with delivery for July at a price of $ 550 per ton (FCA).
Chinese manufacturers of metal rolling, under pressure from highly weakened demand in the domestic market, offer sheet steel at a price of $ 580 per ton (FOB) and also give additional discounts. According to one of the manufacturers, it is possible to purchase from them a hot -rolled steel for $ 570 on FOB, provided that the long -term contract is concluded.
Nevertheless, manufacturers have become inclined in all regions to consider the current situation in the steel market as a temporary, related to seasonal decrease in demand. A certain increase in the consumption of metal rolling is predicted in September.
World prices for hot -rolled steel are falling more and more
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