In the first half of 2013, Ukrainian providers hire managed to keep exports from falling

Nov 5, 2019 Новини

Despite the unfavorable for metallurgists the situation in most global markets, at the end of the first half of the measure of the volume of total exports of rolled steel from Ukraine increased by 0.8% to 11.8 million tonnes compared with the same period in 2012. The greatest growth of supply took place in the segment of slab (+15.4 per cent, or 301 tons) and rebar (+20.2 per cent, or 242 kt). Significantly reduced exports of wire rod – by 28.4%, or 260 thousand tons. Such information contains in the monthly study of the steel market, conducted SE "ukrpromvneshekspertiza" (SEA).
Thus, the increase was driven primarily by the restoration of the supply of slabs to Europe, 37.5% to 1.7 million tonnes For most other commodity groups dynamics was more moderate against the background of the prevailing downward price trend in the first half. At the same time, at the end of the second quarter the fall in prices was stopped in most markets. "In the segment of long products reversal took place in late June, and prices continued to rise in July – early August. The main factors behind these price movements made as a General improvement of market sentiment amid signs of stabilization of the macroeconomic situation in the developed countries and the revival of trade activity in the Wake of replenishment in some importing regions. Additional support for the upward trend has been strengthening in prices of basic raw materials on spot markets, forcing in the first place, Chinese suppliers to raise their price offers on the domestic market and for export," says Pavel Perkonos, Deputy head of analytical Department of the PEO. "Producers of flat rental only in July, after a fall, managed to raise transaction prices for products with delivery in September due to an expected fall of demand acceleration. Support to suppliers in some regions had a reduction in the supply of products and low inventory levels among traders and end consumers."
According to the predictions of UPE, in the gradual improvement in the global macroeconomic background and the still low inventory of product in the importing regions, the suppliers will be able to maintain the upward trend, at least until the beginning of September. However, this was followed by some price correction on the background of organizing the warehouse customers before the end of the financial year.
 
HELP:
State enterprise founded in 1993. Main activities – strategic marketing, management of specialized information and analytical projects, developing business strategies, examination and evaluation of the business. The company performs marketing research sector steel and other markets of goods and services.

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