WebApr 7, 2024 · In the second part of 2024 alone, the price of steel more than doubled, from $440/ton in July 2024 to $900/ton in December 2024. In March 2024, the price reached … We’ve seen price spikes like that before. HRC prices last year rose from about $1,000/ton from late February/early March to nearly $1,500/ton by mid-to-late April—only to fall back to about $1,000/ton in late June. (You can chart that out for yourself using our pricing tool at … See more That’s the bookkeeping aspect of it. There has been a very emotional aspect to it too, judging from some of the calls, emails, and text messages SMU has received. We’ve had mills incensed that anyone might question … See more If you find this column informative, please consider subscribing to Steel Market Update. To do so, contact Lindsey Fox at [email protected]. Also, please consider … See more What happens in late Q2 and in the early half of this year? Recall that late Q2 is when Nucor has said the Gallatin expansion would … See more Consider registering for our Steel Hedging 101. We’ll be holding the event live in Chicago on April 26 and live in Pittsburgh on June 20. It’s a great overview of the hedging tools that can … See more
China’s iron ore imports increase by 9.8 percent in Q1
WebDec 29, 2024 · Steel prices are expected to increase throughout the beginning of 2024 as supply remains tight and demand rebounds from pandemic levels. Many industries have taken a hit throughout 2024, and the construction industry is no different. The economic slowdown paused construction projects, steel production, and steel consumption alike. WebApr 8, 2024 · The average one-year price target for Tata Steel (NSE:TATASTEEL) has been revised to 130.31 / share. This is an increase of 6.41% fromthe prior estimate of 122.45 … portland or organic product company
Four Factors Behind the Metals Price Rally - IMF Blog
WebMar 21, 2024 · Prices of the metal, which hovered around Rs 50-55 per kg before the year began, is now Rs 80-85. Steel companies are eagerly watching the prices before clearing orders. While the increase in ... WebJul 8, 2024 · The benchmark price for hot-rolled steel hit another all-time high last week, climbing to $1,825. Prior to the pandemic, it traded in the $500 to $800 range. 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. … portland or opera