WebSteel rebar futures fell below 4000 CNY/T, the lowest since January 5th, amid weak demand during China's peak construction season. The broad Caixin Manufacturing PMI data showed Chinese factory activity stalled in March, missing projections of further growth … Silver futures surged to a one-year high of 25.6 per ounce in April, tracking the rise … Wheat futures were at $6.8 per bushel, above the 20-month low of $6.6 touched … Gasoline futures rose past $2.8 per gallon, the highest in ten weeks, boosted by … Lithium carbonate prices sank by 60% year-to-date to under CNY 215,000 in April, … US natural gas futures were trading around the $2.1/MMBtu mark, close to levels … Copper futures in the US fell to $4 per pound in the second week of April, the … Data from top producer China showed coal output rose by 9% to 5.9 billion tonnes … Prices for iron ore cargoes with a 63.5% iron ore content for delivery in Tianjin … Heating oil futures were trading around the $2.6 per gallon mark, above a one-year … WebIn fact, between November 2024 and 2024, steel prices fluctuated between $380 and $640 per short ton before settling at around $500. In This Article In this article, we will cover all these factors and more. We will help you understand global steel prices, steel consumption, and how these factors work to influence the value of steel.
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WebFeb 24, 2024 · China's Shanghai steel futures dropped on Thursday, with construction rebar falling more than 3%, as government controls on steelmaking raw materials … WebJan 6, 2024 · Prices fell steadily beginning in April 2024, reaching a low of around $78/tonne in late October as the slowdown in global industrial and construction activity reduced steel output, subsequently cutting iron ore … how much is gamefly a year
Steel Futures Prices Everything You Need to Know
WebDec 29, 2024 · The MEPS World flat products composite transaction value is forecast to average around US$1220 per tonne in 2024 – a rise of almost 60 percent above the 2010/2024 figure. WebMar 23, 2024 · We are maintaining our global average steel price forecasts for 2024 at USD825/tonne. Prices have averaged USD767/tonne in the year-to-date as of March 22, … WebJun 28, 2024 · 2024 will feel more like a normal year, uncertainty to remain. Our 2024 H2 stainless price forecasts have been revised up since the start of the year on an increasingly tight market and stronger-than-expected raw material prices. What is more, we see upside risks that could lead to elevated prices throughout the year. how do dinosaurs turn into oil