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Steel raw materials prices decline in all regional markets

Seasonal decrease in demand for flat products and sufficient stocks of leading importers had a negative impact on prices for pig iron in July in all...

On the regional markets of metallurgical products, prices are balancing in a narrow corridor

The first decade of July brought an unstable equilibrium in the regional procurement markets. A similar situation has developed under the influence...

Demand for armaments will ensure a stable growth of armored steel sales by 4% per year until 2031

Armored steel plate sales will grow steadily over the next 10 years at an average annual growth rate of 4% as demand for improved protection systems...

Protectionist Measures Support European Steel Prices Despite Summer Lull

The rise in prices for flat products in Europe stopped at the beginning of this month. In July, the average value of coil deals in Europe practically...

Positive price growth is observed in the markets for metallurgical products

The negative price trend observed in the regional billet markets in June is gradually changing to a positive one....

European steel market is in confusion: price growth has slowed down, but no one expects a fall either

In early June, the dynamics of steel coil prices in Europe became unclear. Growth rates have slowed down. The automotive industry has cut steel...

Vaccinations fuel demand for platinum - World Platinum Investment Council

WPIC experts predict an increase in platinum consumption in various industries this year amid economic recovery, while high prices and optimism about...

Sharp price growth continues in the rolled metal market - Ukrpromvneshexpertiza

The regional flat steel markets in the USA, EU and Turkey have a fairly high seasonal demand for products, which, together with the high cost of raw...

Analysts note overheating of the global scrap metal market

Despite signs of a deteriorating market environment, US suppliers have raised prices to $ 530 per tonne of scrap metal....

Steel raw material prices are skyrocketing across the board

Regional quotations for pig iron increased significantly due to higher prices for steel scrap and limited supply....

The current state of the market is ideal for the sale of rolled steel - IREPAS

IREPAS, the global long steel industry association, has an excellent outlook for the long steel market in the second quarter....

Global hydrogen demand to grow 7-fold by 2070 - PwC

Countries with strong renewable energy potential are becoming potential exporters of green hydrogen, while industrialized countries such as Germany...

World Steel Association predicts a good year for metallurgists

While there is hope that the worst part of the pandemic is over, significant uncertainty remains over the global economic recovery by the end of...

World Steel Association defines green steel and its variations

Worldsteel believes that the term “green steel” is inappropriate to define the environmental impact of the steel industry....

China unlikely to cut steel capacity in 2021 due to high steel prices

Rising steel production margins are spurring Chinese steel mills to increase steel production, offsetting government officials' efforts to cut...

Scrap metal market at the beginning of April

In the first months of 2021, there is an interesting trend in the choice of the vector for the development of the global metallurgy....

Rising Chinese Prices Fueled Rising Global Steel Prices - MEPS

Customers are back at the negotiating table, pushing for more orders....

Weakening demand will negatively affect quotations of steel raw materials

The first decade of March did not bring significant changes in prices for pig iron. The attempts of traders to raise prices were not supported by...

In March, the rise in prices for metallurgical products in all markets will increase - Ukrpromvneshexpertiza

The downward trend that began in January and lasted for more than a month and a half in the regional long-haul markets began to weaken and prices...

Spread between raw materials and high strength alloy steel in Europe increased in price

Hot rolled coil spot prices in Europe rose to an average of € 723.85 per tonne in February. Scrap prices are falling, while coking coal prices...

Increase in prices is forecasted in the markets of steel raw materials - Ukrpromvneshexpertiza

The second half of February did not bring any changes in the prices of pig iron in all regional markets. Exporters did not find points of contact...

Troy ounce of gold will drop $ 500 in two years - Fitch

Gold will continue to rise in price, but at the beginning of next year there will be a turning point and an ounce of precious metal will cost about $...

Global iron ore production growth to outstrip cumulative production in India and Russia - Fitch

Fitch forecasts global iron ore production to grow at an average 2.4% in 2021-2025. compared with a negative 2% in the previous five years....

Fitch Ratings Warns of “Shocking Impact” on Fossil Fuel Exporters

International policy commitments to limit climate change by reducing greenhouse gas emissions, rapidly dropping the cost of renewable energy sources...

Raw material prices rise by about 10.5% in January 2021 - Deutsche Industriebank

The world has entered an era of total shortage of raw materials and components, which was caused by a disruption in logistics as a result of a...

JP Morgan Analysts Announce New Super Growth Cycle in Commodities

The commodity market has seen four such supercycles over the past 100 years, the last of which began in 1996 and peaked after 12 years of growth in...

S&P Global Platts predicts first drop in domestic steel demand in China in 5 years

A drop in demand may cause a revival of previously shutdown capacities producing cheap and low quality steel, launching a new round of overproduction...

Global steel price increases will be short-lived - Fitch Ratings

The restart of metallurgical capacities stopped during the pandemic and a drop in car production due to a shortage of chips create preconditions for...

Downward price trend begins in steel markets

The second decade of January brought a decrease in prices for pig iron at all regional sites. The cheaper scrap metal, ore on the spot market and...

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