The Ukrainian Metal

Ukraine: Metinvest forecasts hot-rolled coils price increase in 2018

Metinvest analysts believe that in 2018 the average price of hot-rolled coils will be $517 per ton as opposed to $503 in 2017.

According to Metinvest-SMC CEO Dmitry Lippa, steel billets prices will increase to $459 per ton from $431. Iron ore raw materials will cost $71 per ton (in 2017 – $65).

At the same time the company expects that the price of coking coal will remain stable. Analysts forecast the price on the level of $187 per ton as opposed to $186 per ton this year. (Ukrainian metal)

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