Steel decreased 85 Yuan/MT or 2.23% to 3,725 on Friday February 15 from 3,810 in the previous trading session. Historically, Steel reached an all time high of 4780 in September of 2018 and a record low of 1750 in February of 2016.

Steel is expected to trade at 3762.05 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 3434.74 in 12 months time.

Steel
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Forecast Data Chart
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Energy Price Day Weekly Monthly Yearly Date
Crude Oil 55.8906 0.27 0.49% 6.64% 4.42% -9.39% Feb/18
Brent 66.3721 0.11 0.17% 7.90% 6.40% 1.07% Feb/18
Natural gas 2.6428 0.02 0.76% 0.03% -20.37% 1.29% Feb/18
Gasoline 1.5679 0.01 -0.51% 10.48% 8.14% -11.95% Feb/18
Heating oil 2.0184 0.00 -0.09% 6.67% 4.93% 4.70% Feb/18
Ethanol 1.3322 0.00 0.23% 1.07% 4.16% -9.68% Feb/18
Naphtha 497.69 7.98 1.63% 4.69% 7.46% -9.72% Feb/15
Propane 0.67 0.01 1.60% 5.96% -0.46% -19.08% Feb/15
Uranium 28.7000 0.05 -0.17% -0.52% -0.69% 31.95% Feb/15

Metals Price Day Weekly Monthly Yearly Date
Gold 1,326.47 5.39 0.41% 1.39% 3.55% -1.47% Feb/18
Silver 15.7940 0.04 0.23% 0.57% 3.77% -5.18% Feb/18
Platinum 802.00 0.00 0.00% 2.62% 1.39% -20.00% Feb/18
Palladium 1,457.00 25.00 1.75% 5.16% 7.01% 41.05% Feb/18
Manganese 39.50 0.00 0.00% 0.00% 0.00% -3.66% Feb/15
Neodymium 398,000.00 0.00 0.00% 0.00% -0.38% -10.56% Feb/15
Rhodium 2,575.00 10.00 0.39% 2.59% 4.67% 40.71% Feb/15

Agricultural Price Day Weekly Monthly Yearly Date
Soybeans 907.8106 0.25 0.03% 0.31% -0.83% -11.11% Feb/18
Wheat 503.7330 0.50 -0.10% -2.80% -2.54% 10.20% Feb/18
Cotton 70.22 0.09 0.13% -3.21% -4.16% -9.41% Feb/15
Rice 9.9693 0.03 -0.25% -2.93% -5.73% -17.05% Feb/18
Cheese 1.4000 0.00 0.00% 0.00% 0.86% -5.34% Feb/15
Palm Oil 2,206.00 6.00 0.27% 0.50% 1.99% -12.81% Feb/18
Milk 13.97 0.01 -0.07% -0.07% -0.64% 3.64% Feb/15
Orange Juice 115.20 2.50 -2.12% -4.75% -4.71% -21.31% Feb/15
Coffee 97.95 0.10 0.10% -4.53% -4.35% -16.96% Feb/15
Lumber 408.30 15.00 -3.54% -2.58% 12.95% -20.99% Feb/15
Wool 1,953.00 0.00 0.00% 0.46% 1.51% 7.78% Feb/15
Canola 475.80 2.90 -0.61% -1.55% -0.75% -5.84% Feb/15
Sugar 13.14 0.53 4.20% 3.38% -0.23% -1.65% Feb/15
Tea 2.86 0.00 0.00% -0.35% -3.38% -9.78% Feb/15
Rubber 184.20 4.30 2.39% -0.27% -8.49% 6.97% Feb/18
Cocoa 2,307.00 75.00 3.36% 5.05% -0.65% 7.50% Feb/15
Oat 276.9776 1.25 0.45% -1.87% -7.08% 3.93% Feb/18
Corn 374.9948 0.25 0.07% 0.60% -1.45% 2.12% Feb/18

Livestock Price Day Weekly Monthly Yearly Date
Live Cattle 126.6250 0.50 0.40% -0.59% -0.94% -2.82% Feb/15
Lean Hogs 59.5250 0.83 1.41% 8.13% -0.87% -13.98% Feb/15
Poultry 4.35 0.00 0.00% 0.46% -3.33% 25.72% Feb/15
Beef 10.56 0.02 0.19% -0.28% 0.09% 5.60% Feb/15
Feeder Cattle 142.6000 1.48 -1.02% -1.04% -0.82% -4.81% Feb/15

Industrial Price Day Weekly Monthly Yearly Date
Copper 2.8461 0.04 1.37% 1.95% 5.66% -1.87% Feb/18
Bitumen 3,100.00 20.00 0.65% -0.83% 5.30% 16.72% Feb/18
Steel 3,751.00 26.00 0.70% -3.32% 1.02% -8.76% Feb/18
Coal 93.10 1.85 2.03% -0.05% -6.81% -11.59% Feb/18
Cobalt 31,000 0.00 0.00% -6.06% -22.50% -61.85% Feb/15
Lead 2,066.00 32.25 1.59% 0.17% 5.61% -20.05% Feb/15
Aluminum 1,859.00 9.00 0.49% -1.17% 0.00% -16.03% Feb/15
Tin 21,200.00 300.00 1.44% 0.71% 3.04% -1.62% Feb/15
Zinc 2,653.00 62.00 2.39% -1.89% 6.27% -25.37% Feb/15
Nickel 12,320.00 200.25 1.65% -1.37% 6.54% -9.03% Feb/15
Molybdenum 25,000.00 0.00 0.00% 0.00% 0.00% 58.73% Feb/15
Iron Ore 87.50 0.00 0.00% 1.16% 18.24% 12.18% Feb/15
Soda Ash 2,080.00 0.00 0.00% 0.00% 0.00% 22.05% Feb/15
Iron Ore 62% fe 88.5600 0.21 0.24% -3.88% 18.98% 15.06% Feb/15
Lithium 112.41 0.32 0.29% 0.52% 1.06% -18.91% Feb/15

Index Price Day Weekly Monthly Yearly Date
CRB Index 188.48 2.72 1.47% 1.90% 1.14% -4.35% Feb/15
LME Index 2,896.60 0.00 0.00% -1.57% 2.30% -15.50% Feb/15
S&P GSCI 2,473.72 41.96 1.73% 3.31% 3.52% -3.21% Feb/15
Baltic Dry 643.00 4.00 0.63% 8.07% -41.12% -40.85% Feb/18


Steel

Steel is an alloy of iron and other elements, mainly carbon. 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 biggest producers of iron ore are: China, Australia, Brazil, India, Russia, Ukraine and South Africa. The standard contact weights 65 tonnes. This page provides - Steel - actual values, historical data, forecast, chart, statistics, economic calendar and news. Steel - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3751.00 3725.00 4780.00 1750.00 2016 - 2019 Yuan/MT Daily