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Latest steel prices in china.
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The year was challenging for the vast majority of worldwide economies but.
Historically steel reached an all time high of 4960 in october of 2018.
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China steel prices news and analysis.
Month carbon steel price carbon steel index stainless steel 304 price stainless steel 304 index.
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.
Platts is the best and most informative steel industry publication.
Platts gives me a global perception on what is going on in the market it is a powerful tool for negotiating steel prices.
A must read for everyone in the industry.
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.
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.
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.
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