Export volumes rolled managed to keep from fallingexpert
In the first half of the figure for total exports of steel from Ukraine increased by 0.8% to 11.8 million tonnes.
Despite the unfavorable situation for steelmakers in most global markets in the first half of the total export figure rolled from Ukraine increased by 0.8 % to 11.8 million tonnes compared to the same period in 2012 . The greatest increase was in the segment of the supply of slabs ( 15.4 % or 301 tonnes ) and the hardware ( 20.2 % or 242 thousand tons). Wire rod exports declined significantly – by 28.4 % , or 260 tons Such information is contained in the monthly market survey were conducted by the State Enterprise ” Ukrpromvneshekspertiza ” ( SEA ) .Thus, the increase was , first of all , the restoration of slab supply to Europe – na37 , 5% to 1.7 million tonnes as on most other commodity groups dynamics was more moderate on the background of the prevailing downward price trend in the first half . At the same time , at the end of the 2nd quarter decline in prices was halted in most markets. ” In the segment of long products price reversal took place back in late June, and prices have continued to rise in July – early August. The main factors such as price movements were improving the overall market sentiment amid signs of stabilization of the macroeconomic situation in the developed countries and the revival of trade activity in the wake of restocking in some importing regions. Additional support for the upward trend in prices has had a strengthening of major metallurgical raw materials on the spot markets , which forced in the first place , Chinese suppliers to raise their price offers in the domestic market as well as for external supply, ” – says Pavel Perkonos , Deputy Head of Research PEO . – ” The manufacturers of flat products only in July , after four downs, managed to raise transaction prices for the products with delivery in September, due to the expected fall in demand activation . Also support to suppliers in some regions have reduced supply of products and low inventory levels among traders and end-users . “According to forecasts of the SEA , with the gradual improvement of the global macroeconomic background and still low product inventories in importing regions , suppliers will be able to maintain an upward trend , at least until the beginning of September. However, this will be followed be a price correction in the background to optimize storage customers before the end of the financial year.