Brok-Invest-Service believes that metal prices in October will be high.
The beginning of the month has already seen the rise in all ferrous metal prices.
The hot-rolled metal has reached its highest prices, so no new increases are expected, except for plates.
Demand in the pipe segment is stable, and the price is steadily growing.
Bars prices will be high till the end of October.
The company forecasts the following prices: pipes – 3 thousand rubles per ton; hot-rolled metal – 1600-2000 rubles, cold-rolled metal – 1.2 thousand rubles, galvanized metal – 1 thousand rubles. (Ukrainian metal)
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