Belarusian Metal Markets Mirror Russian Trends in Q3 2025
Belarusian metal markets mirrored Russian trends in Q3 2025, with significant price drops across various products. Chinese suppliers' exchange deal volumes surged for black metals.
Hot-rolled and cold-rolled sheet metal prices decreased by an average of 5-6% and 9% respectively. Steel pipe prices also fell by an average of 7%. Notably, steel reinforcement prices plummeted by over 20%, with S500, A500, and A500C traded at 1,400-1,700 rubles per ton (excluding VAT).
The Belarusian market saw a 19% increase in black metals and products sales, reaching 1.6 billion rubles in the first nine months of 2025. Chinese suppliers' exchange deal volume for black metals increased by 2.5 times compared to the first nine months of 2024. S500 reinforcement accounted for 14% of the total value of black metal products sales. The largest credit securities offered by Chinese suppliers on the Belarusian Universal Commodity Exchange were mainly equipment and machinery used in agriculture and manufacturing.
Q3 2025 saw a universal decrease in black metal product prices on the Belarusian exchange. Despite this, sales increased by 19% compared to the same period in 2024, indicating sustained market activity. Chinese suppliers' increased involvement in the market, with a 2.5 times surge in exchange deal volumes, suggests a growing influence on the Belarusian metal market.
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