WebMay 18, 2024 · Iron ore, which is used to make steel, has topped 1,240 yuan per metric ton ($194) on the Dalian Futures Exchange, a 25% increase since the start of the year. Thermal coal, glass and aluminum are ... WebMay 14, 2024 · The current record-high steel prices are the result of a perfect storm. Steel tariffs reduced the amount of imported steel coming into the U.S., and some steelmakers shut down production last spring during the start of the pandemic. Then the U.S. government poured stimulus money into the country to pull the economy out of the COVID-19 doldrums.
Steel prices come back down to earth - The Fabricator
WebSep 16, 2024 · The price of steel has climbed all year; according to one index, the futures price for one ton of hot-rolled coil steel is roughly $1,923, up from $615 last September. Meanwhile, the price of iron ... WebOct 14, 2024 · Steel mill products prices decreased 6.7% in September and have fallen 16.1% over the past four months. The index is at its lowest level since June 2024, but prices of steel mill products are nearly double their pre-pandemic levels, on … asam produkte kaufen
Steel Pricing Guide 2024: When Will Steel Prices Go Down?
WebApr 7, 2024 · In March 2024, the price reached $1,270/ton and continues to climb with no … WebJul 1, 2024 · Steel mills idled furnaces and stopped production instead of risking any … WebSep 20, 2024 · Steel Market Update (SMU) checked the market on Sept. 13-14, and it showed a decline in hot-rolled steel prices for the first time in more than a year. It was only a $5 dip to an average of $1,950/ton ($97.50/cwt), but it comes at a key moment: cold-rolled and coated products also are seeing flat or declining prices. banjara dj songs 2020