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Steel Raw Material prices

Steel Price Analysis April 2019 – Where are Steel Prices Headed in 2019

By |2019-05-31T12:09:24+00:00April 2nd, 2019|Steel Market Analysis, Steel Raw Material Prices|

While some investors worry about a possible recession, commodity prices have remained firm on an expected U.S.-China trade deal, and signs of stability in Chinese economic data. According to the official Purchasing Managers' Index (PMI), factory activity in China unexpectedly grew for the first time in four months in March. Renewed economic optimism and rising [...]

Steel Raw Material Prices Fall Amid Lower Buying Activity, China Production Cuts

By |2018-12-29T12:05:49+00:00September 25th, 2017|Steel Market Analysis, Steel Raw Material Prices|

Inventories among traders and steel mills are pilling up, as a result of which buying activity has reduced for all major steel raw materials and base metals. An important reason for reduced buying is that prices are too high and consumers tend to purchase in smaller volumes, waiting for a price correction. Prices for raw [...]

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