Latest Steel Prices In China

China steel fob prices slip further buyers watch sep 30 2020.

Latest steel prices in china.

Hr cr wire rod rebar plates coated plated pipe tube strip billet section stainless steel raw materials iron ore coal coke ferroalloy scrap pig iron freight. Platts gives me a global perception on what is going on in the market it is a powerful tool for negotiating steel prices. Month carbon steel price carbon steel index stainless steel 304 price stainless steel 304 index. Steel decreased 135 yuan mt or 3 61 since the beginning of 2020 according to trading on a contract for difference cfd that tracks the benchmark market for this commodity.

The year was challenging for the vast majority of worldwide economies but. Take a free trial to see a sample of the prices available or subscribe for the full suite. Mysteel global collect over 190 000 prices every day directly from the market. When you subscribe you gain access to all 190 000 prices.

Platts is the best and most informative steel industry publication. China s steel export prices especially those of hot rolled coil declined faster over september 19 25 as exporting steel regained favour among chinese traders and mills amid the weak domestic demand and accumulating stocks according to mysteel s latest weekly report. China is on a building binge and metal prices are surging iron ore nickel copper and other metal prices are rising as china restarts construction and the global economy could benefit. An october 2018 release from the world steel association predicted a small increase 1 4 in global steel demand for 2019.

Steelorbis is the primary information source preferred by thousands of firms for its up to date chinese steel prices chinese market analyses and news as it closely follows the chinese iron ore coking coal flat steel billet and long steel markets. Miss irene arias fama. That projection proved to be too conservative as the same report pictured above in october 2019 details increases of 3 9 percent due in large part to an unexpected rise in demand in china. Mr jerome williams steel dynamics inc.

Historically steel reached an all time high of 4960 in october of 2018.