Domestic prices for metals used in construction fell 2.9% on average in November

The fall in prices for metals used in construction products averaged 2.9% in November against a 3% growth in October. The decrease in prices averaged 4% for various metal products in November. At the same time, prices for channels, beams and angled remained flat.

These data follow from the dynamics of the consolidated index of prices for rolled products of construction metals, as reported by the Ukrainian Steel Construction Center association.

Prices for metal products in the domestic market went down again, following a rise in October. Specifically, the following trends were recorded in November:

  • hot-rolled sheet — minus 4.1% to ₴29.5 thousand/ton,
  • hollow sections — minus 3.7% to ₴33 thousand/ton,
  • round pipes — minus 3.7% to ₴33.3 thousand/ton.

Prices for channels (₴28.8 thousand/ton), beams (₴31.6 thousand/ton) and angles (₴27 thousand/ton) did not change.

Importantly, prices for metals used in the construction industry rose by 8.4% on average in 11M.

As reported earlier, in 2020, prices for metals used in construction rose by 72.2% on average. Currently, prices for rolled products for construction purposes are going down in the domestic market under the influence of global price trends. Earlier, analysts forecast a drop in prices for metal products in H2 2021.

Interestingly, apparent consumption of steel in Ukraine may increase by 3% to 4.72 million tons in 2021.

  • Global Market

German government approves €46 billion tax break package for companies

On June 4, the German government approved a €46 billion package of tax breaks –…

Thursday June 5, 2025
  • Global Market

Global energy investment to reach record $3.3 trillion this year – IEA

In 2025, global energy investments will reach a record $3.3 trillion, of which more than…

Thursday June 5, 2025
  • Companies

ArcelorMittal Kryvyi Rih produced a record 70 heats in a series at CCM №2

In the difficult conditions of the war, despite blackouts, staffing difficulties and a shortage of…

Thursday June 5, 2025
  • Global Market

US trading partners react to doubling of steel tariffs

The doubling of tariffs on steel and aluminum imports to the United States to 50%…

Thursday June 5, 2025
  • Companies

Qarmet plans to invest $3.5 billion in sustainable development over the next 5 years

Qarmet presented a large-scale five-year investment plan worth $3.5 billion during the 15th International Mining…

Thursday June 5, 2025
  • Companies

Voestalpine ends fiscal year 2024/25 with EBITDA of €1.3 billion

Despite the challenging global economic environment, the voestalpine Group ended the 2024/25 financial year (ended…

Thursday June 5, 2025