Steel Price (USA) | Historical Charts, Forecasts, & News Steel (USA) Price Outlook Prices for hot-rolled coil U.S. steel continued to soar in recent weeks, hitting a one-year high, amid strong manufacturing activity data in China and the U.S in October. Steel traded at USD 711 per metric ton on 6 November, which was up 12.7% from the same day in the prior month.
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Steel | 2016-2020 Data | 2021-2023 Forecast | Price | Quote current steel angle prices Steel futures climbed more than 10% to around 4,200 yuan a tonne in 2020, having touched an over two-year high of 4,500 yuan in December. The steel market has been supported by higher demand from the construction and manufacturing industry in China coupled with wider market enthusiasm over the impact of coronavirus vaccine on global economic recovery.
Steel (USA) Price Outlook Prices for hot-rolled coil U.S. steel continued to soar in recent weeks, hitting a one-year high, amid strong manufacturing activity data in China and the U.S in October. Steel traded at USD 711 per metric ton on 6 November, which was up 12.7% from the same day in the prior month. 3/4" x 3/4" x 1/8" Steel Angle | Online Prices Buy 3/4" x 3/4" x 1/8" Steel Angle(Value Pack 5 pcs of 48" length)* at the cheapest online prices! You Need it! We will Cut it! 3" x 3" x 3/8" Steel Angle | Online Prices Buy 3" x 3" x 3/8" Steel Angle at the cheapest online prices! You Need it! We will Cut it!
Steel prices at the beginning of 2020 are relatively stable when compared to 2019 despite a momentary spike in December. Given the generally positive outlook for steel demand, and an expected slowing of Chinese steel production, prices could be set to rise in 2020. But as Remeithi points out, any projection for the industry rests on shaky ground.
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