Reinforcement prices are rising against the background of market stagnation

The beginning of spring and construction season stimulated the increase in reinforcement prices and steel beams. However, the trend is noticeable mainly in the Moscow market and is hardly long -term, analysts say. Traiders will quickly fill the warehouses, and developers do not expect increased demand with the current mortgage rates.

By the beginning of March, a trend was outlined in the Russian Federation to increase the cost of a steel beam and reinforcement – types of steel rental, mainly in demand in construction. This follows from the monitoring of the Rusmet rating agency. So, according to these data, the steel double -barrel beam from February 24 to March 2 went up 240 rubles, to 93.42 thousand rubles. per ton, industrial reinforcement (FCA) – by 60 rubles, up to 58.4 thousand rubles. per ton. The prices for reinforcing rental from 2 to 9 March rose 1.1 thousand rubles, to 43.01 thousand rubles. per ton.

Prices are rising against the background of the general stagnation of the market. In RusMet, it is expected that quotes can still grow, but they doubt that the dynamics will be significant and long -term. “On the one hand, metal traders replenish warehouses, counting on the activation of the construction and repair industries with the beginning of spring. On the other hand, the construction activity of both companies and individuals is cooled by high bets on the market, ”analysts explain. In Severstal, MMK and Evraza did not answer the questions of Kommersant.

Boris Boris Krasnozhenov, head of the securities market for securities, says that the prices for reinforcement in warehouses in Moscow rose from 55.6 thousand rubles. per ton in early February up to 57 thousand rubles. In early March. According to him, a number of large manufacturers sell products and 59 thousand rubles each. per ton. But prices in other regions and other types of construction rental (corner, channel) do not demonstrate to increasing dynamics, the analyst points out. As follows from MMI materials, channel, hot -rolled rental, galvanized rental, polymer rental, pipes and metizes have fallen in price by 0.4-2% a month for a month.

According to the forecasts of the managing director of the rating agency of the NCR Dmitry Orekhov, the reinforcement during the second quarter may rise in price by another 5-8% against the background of seasonal expectation of increasing demand from the IZHS and increasing reserves for traders. Against this background, experts believe, metallurgical companies will actively try to increase sales through their own marketplaces so as not to share income with intermediaries. In 2024, large manufacturers increased sales through online platforms by many times, but sales volumes in this channel remain at the level of hundreds of thousands of tons (see Kommersant on January 17).

As follows from Dom.rf data, in 2024 the IZHS segment was most part of the housing input in the Russian Federation – 57.8%, or 62.27 million square meters. m. For a year, the introduction of individual houses grew by 6%, while multi -apartment buildings – decreased by 12%, to 45.49 million square meters. m. In January 2025, IZHS accounted for 76.1% of the entry of all housing, or 8.34 million square meters. m, which is 8% less than a year earlier. The input of apartment buildings in January decreased by 12%by a year, to 2.61 million square meters. m.

Boris Krasnozhenov, however, believes that even in the Central Federal District the potential for rising prices for reinforcement has been exhausted. Only the softening of monetary policy, which stimulates consumer demand, can expand the trend, he believes. Dmitry Orekhov agrees that fundamentally prices and demand for reinforcement will depend on the market of primary housing and mortgage programs. Ilya Makarov, director of the corporate ratings of the ARKRA corporate ratings, indicates that large developers buy the main volume of reinforcement and metal products of the construction variety, suspended the introduction of new facilities in 2025.

The managing partner of the Meta group Maxim Leshchev says that this spring developers expect a restrained demand for suburban real estate due to a significant increase in the cost of construction and high mortgage rates. According to him, for the past four years, the cost of construction has been constantly growing, so seasonal price fluctuations have become invisible to developers and citizens who independently conduct the construction of suburban real estate. The reinforcement in the cost of a square meter accounts for 1% to 15%.

Metallurgists are expected to grow demand from the construction industry. According to the forecasts of the Association for the Development of Steel Construction, the share of steel metal structures in the construction of housing by 2035 can grow to 4–7%, ensuring an increase in internal demand for metal by 1 million tons per year (see Kommersant on February 3).

Polina Trifonova, Daria Andrianova