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Demand for steel to increase in near future

Almaty. December 25. Kazakhstan Today - Demand for steel will be increased in the world in the immediate prospects. The analysts of the Organization for Economic Co-operation and Development consider. Chinese steelmaking companies have increased export prices on hot-rolled rolls on the background of the rise in prices at the home market. Considering future increase of prices in East Asia inevitable, Chinese companies stopped deliveries of production to Europe. Meanwhile, there is an antidumping investigation against suppliers of the zinced steel from China in Europe, the first results of which are expected in February. Thus, the European association Eurofer prepares for new suits that allows consumers of steel production to speak about deficit in the market and rise in prices in case of restriction of deliveries from China.

Resourse: Kazakhstan Today

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