steel prices

In the first half of the 2023/2024 financial year, Nippon Steel will increase in price for the Japanese automaker by $74/t

In most world markets, except for the European one, prices for rebar are increasing at the beginning of March 2023

5 million tons of steel will be needed to rebuild the regions affected by the earthquake

In the first two months of the year, sales of rolled steel seasonally decreased, but with the start of the construction season, they may increase

Rebar quotations in Turkiye rose by 2.1% in early January, and in China – by 1.4%

In January-November 2022, the volume of steel production in the country fell by 1.4% y/y

At the end of 2022, steel prices and the cost of logistics have significantly decreased, which should contribute to demand

Exporters from India, Turkiye and the Russian Federation are more active in the MENA market

In 2022, the price of steel on world markets fell by 22% compared to 2021

On the Asian and American markets, prices for hot-rolled coils increased

Quotations of steel products are likely to fall by the end of the year despite the government's efforts to support the industry

The demand for steel in China is one of the main factors influencing the prices of steel products in the world