The price of metal rolling prices is expected in August and September

Some stabilization of the situation on the global steel rental market is expected by the end of July. This was announced in Dnepropetrovsk at a balance meeting of representatives of enterprises of the Metallurgical Complex by the head of the development department of the mining and metallurgical complex and the chemical industry of the Ministry of Economic Development and Trade Yuri Derkach.

In the future, starting in August, there should be a tangible increase in demand in the markets of Muslim countries, where Ramadan ends and the restoration of previously frozen construction facilities begins.

The expected improvement of the situation in the world economy as a whole in the second half of the year will also have a serious impact on the restoration of the demand for metal. The EU anti-crisis program in the amount of 130 billion euros and further softening of the credit-money policy in the United States will certainly cause animation in the real sector of the economy and, as a result, the growth of new applications for the supply of steel rental. China does not stand aloof from world leaders and stimulates its own economy with significant credit injections.

The forecasts of the state -owned enterprise of Ukrpromvnesespertiz are confirmed by the independent expert Bureau of WSA and MEPS, according to which by the end of 2012, world consumption began to grow by 2.3 million tons in relation to the previous quarter.