icon

steel prices - Latest news GMK Center

Photo – European prices for hot-rolled coils declined in the first half of April
European prices for hot-rolled coils declined in the first half of April

Competitive offers from importers have pushed local producers to adjust their requests

Photo – European prices for cold rolled coils increased in the first half of April
European prices for cold rolled coils increased in the first half of April

Market participants do not believe in the sustainability of the new benchmarks

Photo – US prices for CRC exhausted growth potential by end of March
US prices for CRC exhausted growth potential by end of March

Local producers fear import surge if prices rise further

Photo – Global CRC prices increase in March
Global CRC prices increase in March

Protective measures were the main factor behind the rise in product prices in the US and EU

Photo – Toyota to reduce steel prices for spare parts producers
Toyota to reduce steel prices for spare parts producers

The reduction will be approximately $101/t

Photo – Steel demand in India to grow by 8-9% in 2025 – Crisil
Steel demand in India to grow by 8-9% in 2025 – Crisil

Prices for steel products in the country may increase in the event of the introduction of a protective duty on imports

Photo – Steel prices may fall by another 4% in 2025
Steel prices may fall by another 4% in 2025

Rising Chinese exports and weak demand in the EU put pressure on prices, affecting production in Ukraine

Photo – Falling steel prices are a major problem – Tata Steel CEO
Falling steel prices are a major problem – Tata Steel CEO

The issue of tariffs on steel imports to India is under active consideration

Photo – Domestic demand for ArcelorMittal Kryvyi Rih’s products will be 60% of the pre-war level after the war – CEO
Domestic demand for ArcelorMittal Kryvyi Rih’s products will be 60% of the pre-war level after the war – CEO

Ukraine's bottleneck is its ability to simultaneously implement several large projects

Photo – Demand for steel in China’s manufacturing sector to grow in November – forecast
Demand for steel in China’s manufacturing sector to grow in November – forecast

Prices in the current month will remain in a narrow range

Photo – Steel and scrap prices in Asia may rise in Q4 – forecast
Steel and scrap prices in Asia may rise in Q4 – forecast

Economic incentives from Beijing and rising demand may contribute to this

Photo – Fitch Solutions downgrades global steel price forecast for 2024
Fitch Solutions downgrades global steel price forecast for 2024

The average global steel prices this year will be at the level of $660/t

1 2 3 4 5 8