Anti-dumping duties have significantly changed the delivery map in the region. EU distributors are forced to look for goods mainly from local steel producers due to the elimination of popular import routes. The market situation is self-regulating through further price increases.
The main reason for the sharp rise in prices is, of course, anti-dumping duties, while demand in the EU is at a good level and local producers have a high fill rate. The market naturally reacts with price increases.
All indications are that the prices of steel products should go up further. Preliminary data show that the first two months to the end of this year will be another period of good demand. A positive start to the year and the expected growth in steel consumption up to 4-5 percent, as well as many factors suggest that 2017 can be a very good year for it.
EU expects further increase in steel prices
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Azovpromstal® 14 March 2017 г. 10:06 |
