steel prices - Latest news GMK Center

The reasons are weak seasonal demand and problems with exports

The demand for metal products in the country will decrease due to the winter season

Currently, there is a balance between supply and demand on the market

The market is counting on the revival of activity after the summer break

Market participants believe that stainless steel prices have already bottomed out

The company predicts a drop in prices both in India and in Europe

Planned maintenance at many EU steel mills will reduce the supply of steel on the market

Chinese producers maintain a price advantage, India cannot withstand competition with China

Global rolled steel trade is slowing due to uncertainty in the Chinese market

China is reinforcing this trend by trying to expand exports at reduced prices

The European market is breaking out of the general trend due to limited supply

Rolled steel quotations rose amid demand recovery and positive expectations, but the market condition is ambiguous