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steel prices dove in February averaging USD 1 120 per metric ton in the month which was % lower than January s price amid easing supply disruptions and as a deal to remove tariffs on Japanese steel was reached Meanwhile prices was down % from the same month last year Moreover on 28 February hot rolled coil steel traded at USD 1 056 per metric ton
steel prices averaged USD 1 070 per metric ton in February which was up % from January s price The rise was driven by supply worries and rising energy costs amid Russia s invasion of Ukraine Moreover the average price was % higher than in the same month last year Meanwhile on 28 February European hot rolled coil steel traded at USD 1 110 per
ArcelorMittal increases coil offers across Europe London Mar 16 2022 14 03 China s finished steel output down 8% in early March Cisa data shows Shanghai Mar 16 2022 08 51 Price cuts likely in Russian flat steel market with government controls
Of these here are four benchmark prices for hot rolled band February 28 2022 USA $1 189 per metric tonne $1 079 per net ton FOB the mill down $298 from $1 487 $1 349 nt two weeks ago up $777 from the recent low of $412 $374 nt on Dec 14 2022 and up $760 from the low of $429 per tonne $390 nt on May 25 2022 It is up $183 per tonne from the recent high
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Carbon Steel Index is based on the mainstream transaction prices in the seven cities 3 Long Steel category comprises rebar 20mm dia HRB335Mpa and high speed wire rod dia and Flat Steel is composed of four steel products which are steel plate Q235 20mm HRC SS400 CRC SPCC and HDG SPCC 4
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