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07 August 15:37
At the end of August, the price of Russian steel increased due to the revival in the Chinese market
10:00; 08 August 2025 year
© сгенерировано ИИ
According to the Rusmet agency, in the week from July 29 to August 3, prices for hot-rolled coils in Russia increased by 3.37%, reaching 36.38 thousand rubles per ton. Cold-rolled products have risen in price by 1.93% and now cost 47.3 thousand rubles. The price of steel billets in the Black Sea ports increased by 2.79%, amounting to 35.09 thousand rubles per ton (FOB). Rebar products rose in price by 3.39% to 36.4 thousand rubles.
In dollars, the price of billets in the ports of the Black Sea remained at about 434 per ton. The rise in prices in rubles is explained by the weakening of the national currency. In addition, in the first half of 2025, revenue and profit of metallurgical companies decreased due to low prices. For example, Severstal reported an 11% drop in revenue to 364.2 billion rubles, while MMK reported a 25% drop to 313.5 billion rubles.Experts interviewed " Merchant", the recent price increase is attributed to the revival of the Chinese steel market. In China, prices for some brands increased by 6.8% in a month due to expected restrictions on overproduction and measures to combat deflation. At the end of July, hot-rolled coils rose in price to $480 per ton, and rebar prices rose to $456.;
