Participants in the Russian steel market do not see prospects

According to the results of an online conference organized and conducted by the Finam group, the expectations of the metal rolling market are negative. The conference participants entitled "Metallurgical companies under the pressure of raw materials" do not see the grounds for the release of the metallurgical industry from stagnation and in some places of stagnation.

The best prospects today have a metal -firing companies that are not burdened with debts, and having a flexible management and sales system. The slowdown in the global economy and crisis phenomena in traditional sales markets (Europe, USA) provoked a decline in the raw material market of the CIS countries, bringing negativity to the overall picture formed in the steel market.

The participants in the online conference predict the preservation, and even some deterioration in the situation in the industry. "The objective process of reducing the growth rate of the global economy has not stopped, and the presence of significant negative factors in the form of a European debt crisis and the availability of problems with financing budget deficit in the United States negatively affect investment activity. The result is a demand for investment goods and a decrease in demand for metallurgists," said Dmitry, head of the analytical department of IF Dmitry. Parfyonov.

Improving the conjecture in the metal rolling market experts of the steel market expect on the next, 2013. According to the leading analyst of Council LLC Alexander Maurin, "despite the slowdown in China’s growth, which is the largest manufacturer/consumer of steel, the increase in steel consumption in the world will increase in many ways for the year due to developing countries, such as India. At the same time, against the background of unresolved problems with the debts of Greece, Spain and other countries, the growth of the eurozone’s economy will be slowed down, which will be slowed down, which will be slow The sector and, as a result, in the metallurgical industry of these countries, in our opinion, will still remain a promising market for consumption of consumption. ”

Among Russian companies, the company "Severstal" and the NLMK plant, which have the lowest debt obligations in the industry today, is best prepared for a protracted crisis in the market. During the crisis, all companies are trying to maintain their turns and production loads at the expense of financial loans, respectively, the fewer debts of the enterprise at the beginning of "difficult times", the more significant the amount can lend it.