Prices to start growing

摘要

In July, flats prices continue to decrease worldwide, though at slower rates.The CIS suppliers have reduced prices by $20-30/t since the previousmonth. In early July, Russian mills sought price increases but had to retreatbecause of weak demand. In a short term, customers will return to themarket, since prices are low and traders. stocks are thin. In September,vacations will be over in Europe as well as Ramadan celebrations in theMiddle East. World prices will start growing gradually and the CIS steelmakerswill raise their offers.