Spring mood dominates on market of rolled metal and steel pipes

A spring mood and expectations of seasonal activity beginning dominate on the market of rolled metal and steel pipes, the A GROUP reports in its review. In addition to this market "is excited" with the fall of the ruble, a fever in the Russian banking system and some recovery of the European economy, thereby increasing attractiveness of products export for domestic producers.

Taking into account these factors, at the beginning of March plants increased the price of strips by 1 thousand rubles VAT exclusive on the average. In these conditions, manufacturers of welded round pipes of small diameter chose various tactics. The first one is don’t rush to work off rising prices, but to increase sales of stocks at the old prices with delivery in March. Other plants, in contrast, immediately reflected the strips price growth in the price of pipe. The third tactic is to conduct a gradual increase. As a result, the upward trend is likely to dominate on the market until the end of the month.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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