According to distributors' reports, May and June were characterised by weak sales volumes and low margins. Some major market participants are reporting significantly lower volumes compared to last year. One distributor reported a 30 per cent drop in turnover in the second quarter.
According to SteelRadar data, rebar prices rose to EUR 640, while steel plate prices also saw a significant increase of EUR 20, with prices updated at EUR 690. This situation stands out as an indicator of price fluctuations, which are among the general challenges of the sector.
Expectations for July are also not very bright. Distributors do not hope for a revival in demand this year. Therefore, maintaining a healthy stock level and providing customers with a variety of options are the top priorities at the moment.
In particular, some metallurgical plants are trying to adapt to these challenging conditions through strategic stock sales and diversification. This strategy plays an important role in coping with market uncertainties.
HRC prices are stable at EUR 625, while CRC prices are stable at EUR 750.Sources consider these price levels as a reflection of market balances and demand-supply relations.
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