steel prices

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Prices for rolled steel will increase in early 2023 — Vartis

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

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European steelmakers expect an increase in demand for HRC in early 2023

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

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Steel prices in China will be pressured by weak demand until the end of 2022

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

China’s weak economy threatens the stability of prices in the steel market in 2023

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

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US steel prices may return to pre-pandemic level

American steelmakers believe that the HRC price at the beginning of 2023 will be lower than $650/t

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German steelmakers expect further decline in steel prices and stocks

Amid correction in energy prices and weak demand, steel prices are forecast to decline during November

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Global rebar prices are falling amid low demand in the construction sector

Quotations of rebar in Turkiye last week fell by 3.6%, in Italy – by 5.5%, in China – by 2.6%

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EU steelmakers plan to raise rolled steel prices in the first quarter of 2023

Local producers are now continuing to discount December deliveries in hopes of securing sales amid weak demand

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EU sheet producers cut prices to secure sales

Low demand for products is forcing producers to cut prices to fill the portfolio of orders

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HRC prices in Europe continue to fall due to low demand

Despite the willingness of producers to provide discounts on products, demand is not recovering

Latin American steel demand to decline in 2022 – Alacero

The new forecast is more optimistic than the previous one and reflects increased expectations for GDP growth in the countries of the region

Government stimulus to the Chinese economy could revive the steel market

Experts expect steel production in China to rise in September 2022, supporting iron ore prices

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