Steel Price News from MEPS (International) Ltd.
  Home Company Profile Steel Industry Analysis Meps Publications Consultancy Independent Studies
 
MEPS Steel Prices On-line MEPS Steel Reports On-line MEPS Industrial Sector Steel Price Index

Company Profile
Steel Industry Analysis
MEPS Steel Publications
Steel Consultancy
MEPS World Steel Prices
Independent Studies
Request Free Publications
Steel Statistics
MEPS Index Steel Prices
Subscribe to Publications
MEPS Steel News
Industry News
MEPS Sponsored Events
Steel Links
Subscription Rates
Add Link To Website
Content for Websites
Contact Us
Site Map
 
World Carbon Steel Price
World Carbon Steel Price Index
EU Carbon Steel Price
EU Carbon Steel Price Index
Asia Carbon Steel Price
Asia Carbon Steel Price Index
North American Carbon Steel Price
North American Carbon Steel Price Index
Flat & Long Carbon Steel Price
Flat & Long Carbon Steel Price Index
All Products Composite Steel Price & Index
Stainless Steel World Price
Stainless Steel World Price Index
EU Stainless Steel Price
EU Stainless Steel Price Index
Asia Stainless Steel Price
Asia Stainless Steel Price Index
North American Stainless Steel Price
North American Stainless Steel Price Index
Home > MEPS Steel News - 26.04.2017

PROCUREMENT ACTIVITY REMAINS TEPID IN EMERGING STEEL MARKETS

According to MEPS, the business environment remains challenging in the Brazilian steel market. End-users are exhibiting little urgency to purchase material, even with discounts granted.

In April, Russian steelmakers reined in their pricing ambitions. Underlying consumption has fallen short of industry projections, amid a slow start to the construction season. Distributors maintained manageable inventory levels, in anticipation of lower settlement prices next month.

Price volatility adversely affected buying activity in India. Local traders questioned the sustainability of the current transaction values, specifying that price support remains limited.

The general outlook for the Ukrainian steel industry is unchanged. Domestic steelmakers had limited success in pursuing price growth. Sales volumes of construction steel are forecast to pick up as seasonal trade gains strength.

The business climate remained unsettled in Turkey, this month. Trading companies acted with extreme caution, citing that the uncertainty surrounding the April constitutional reform and the close proximity of Ramadan (commencing May 26) would negatively affect sales.

Buying activity declined in the United Arab Emirates. Local stockists are reluctant to purchase material in, what they deem as, precarious trading conditions. Shipments to the construction sector and pipe fabricators failed to exhibit progress.


Source: MEPS - Developing Markets Steel Review - April 2017 Edition

Free Sample copy of Developing Markets' Steel Review

 

 

Sign up for free MEPS steel news alerts

Enter e-mail address *Required

Name:      


Company: 
If you are a journalist please tick here: