Bottom line: Steel prices are plummeting although still above their long-term average. More declines will come so delay locking as long as possible.
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US steel prices remain in an extended downward trend as of 9 September 2022. Futures for the commodity have slid from close to $1,500 at the start of the ...
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4 days ago · Steel price is forecast to fall in 2022 and beyon as underperforming China's demand, risks of recession in Europe and slowing global ...
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2 Sept 2022 · Steel prices in the United States are unlikely to return to last year's highs over the next year due to incoming steel capacity and falling raw ...
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3 Aug 2022 · Prices are down by 48pc since the beginning of 2022, driven by persistent oversupply in the market after steelmakers overshot demand in the ...
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18 Jan 2022 · Wolfe Research predicts hot-rolled steel could end the year with a price as low as $750/ton. That's not good news for anyone with inventory, but ...
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19 Jul 2022 · Metal fabricators should be aware that the fall in steel prices might be coming to an end very soon. Vladimir Zapletin/iStock/Getty Images ...
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Steel Prices: Read Steel Prices Latest News & Updates on The Economic ... As a result, their operating margins of primary steelmakers are likely to fall to ...
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17 Jun 2022 · Having nosedived 20% in the two months till June 8 on poor demand, domestic steel prices are set to fall further, according to analysts.
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Since mid-April prices had declined for 17 consecutive weeks. That run ended the week of August 25 with an increase of $15/ton. Mills attempted to increase ...
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According to tradingeconomics.com steel prices bottomed out in April 2020 before recovering in November and December 2020. Prices are expected to continue to ...
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Duration: 10:13 Posted: 2 Aug 2022 VIDEO
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9 May 2022 · Steel prices, which have been on a song for the past two years, are finally set to correct on weak seasonality, and may trade at around Rs ...
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Historically, Steel reached an all time high of 6198 in May of 2021. Steel - data, forecasts, historical chart - was last updated on September of 2022. Steel is ...
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20 Aug 2022 · "We expect global demand for steel to decrease this year because of the global economic slowdown, high inflation, Covid-19 outbreaks and the ...
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