Prices for stainless steel products continue to decrease
In June 2015 the price situation on the domestic market was affected by a significant reduction in business activity. Solvent demand has decreased, while the volume of supply is still very high. To maintain the turnover several metal trading companies have reduced their selling prices to the level of almost zero profit. Naturally, this has reflected on the overall price situation.
Average prices for cold-rolled flat products AISI 304 2B decreased by 0.7% to 212,930 RUB/t (inc.VAT 18%), AISI 321 2B - by 0.9% to 228,020 RUB/t, AISI 430 2B - by 2.2% to 113,485 RUB/t.
Average prices for hot-rolled flat products AISI 321 1N decreased on:
- 6-25mm thick - by 0.9% to 230,450 RUB/t,
- 30-80mm thick - by 1.7% to 235,630 RUB/t.
Demand for long stainless steel products has also decreased.
Average prices for long products with diameter from 30mm to 190mm AISI 321 decreased by 0.7% to 212,780 RUB/t. (inc.VAT 18%), AISI 431- by 0.7% to 180,060 RUB/t and rental AISI 420 - by 0.1% to 100,020 RUB/t.
(the average exchange rate in June - 54,37 RUB/USD)
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