Steel increased 58 Yuan/MT or 1.37% since the beginning of 2021, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.

Historically, Steel reached an all time high of 6198 in May of 2021. Steel - data, forecasts, historical chart - was last updated on November of 2021.

Steel is expected to trade at 4197.07 Yuan/MT by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 3916.61 in 12 months time.

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Steel


Price Day Month Year
Gold 1,794.75 2.44 0.14% 0.10% 1.00%
Silver 23.41 0.220 0.95% -2.51% 3.58%
Copper 4.28 -0.1545 -3.48% -2.46% 25.27%
Steel 4,278.00 -22.00 -0.51% -8.71% 2.00%
Iron Ore 96.50 -4.00 -3.98% -17.52% -25.48%
Lithium 197,500.00 0 0% 45.22% 45.22%
Platinum 977.07 23.39 2.45% -8.17% 1.26%


Steel
Steel Rebar is mostly traded on the Shanghai Futures Exchange and London Metal Exchange. The standard future contract is 10 tons. Steel is one of the world’s most important materials used in construction, cars and all sorts of machines and appliances. By far the biggest producer of crude steel is China, followed by European Union, Japan, United States, India, Russia and South Korea. The steel prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our steel prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so.