In 2015 Ukrainian steel prices will continue falling due to manufacture cost price decrease and high competitions between manufacturers.
In 2015 rolled steel prices at Black Sea ports will fall by 5-11%, or by $25-55 per ton, YoY, analysts say. Average annual prices in 2015 (FOB Black Sea) will be as follows: billets – $437 per ton (down by 11%), reinforcement steel – $485 (down by 9%), rolled wire – $495 (down by 9%), slabs – $455 (down by 7%), plate – $514 (down by 5%), hot-rolled coils – $500 (down by 5%), cold-rolled coils – $573 per ton (down by 5%).
Due to lower world production in 2015 (up by 0.9%, or by 15 million tons) in comparison with increase in steelsmelting capacities (by 1.8%, or by 38 million tons), most capacities will be loaded by 77.6% against 78.8% in 2014, and this would also negatively affect rolled prices. (Ukrainian metal)