9,685.49 TRY BIST 100 BIST 100
4.80 CNY CNY CNY
33.88 USD USD USD
37.56 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
42.17 TRY Interest Interest
71.63 USD Fossil Oil Fossil Oil
31.06 USD Silver Silver
4.22 USD Copper Copper
92.59 USD Iron Ore Iron Ore
365.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,825.56 TRY Gold (gr) Gold (gr)

The situation in the Russian long steel market is stable

The market for long products in Russia is still without any noteworthy developments. The demand for construction services is expected to continue growing in June, though not significantly. No significant changes are anticipated.

The situation in the Russian long steel market is stable

Metallurgical companies can hardly count on an increase in exports of steel products and semi-finished products. 

Scrap metal prices stabilized in June, during the month fluctuations were minimal. So far, there are no signs of a change in the situation in the coming July. Most likely, rebar and shaped steel will also remain relatively constant in the near future. And if no significant changes occur in the Russian and global economy, the current period of stability may last until autumn.

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SteelRadar Insight - Sayı 1 (Haziran 2024)

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