Stainless Steel Price Chart 2018

Providing national prices for metals like copper wire steel aluminum brass and more.

Stainless steel price chart 2018. China 469 per metric tonne ex works up 7 from 462 two weeks ago up 238 per. Check today s prices for scrap metal with the iscrap app. Average price of cash nickel so far this month 6 05 lb.

476 per tonne from the recent high of 1 006 912 nt on jul. Meps stainless steel prices are calculated from a weighted average of the low transaction values for all grade 304 stainless steel products in the flat long categories researched in three regions eu asia and north america and converted into us dollars using currency exchange rates effective at the start of each month. View over 950 global steel and metals reference prices chart and compare up to five different price series over a selected period of time the current pricing data is only available to subscribers please login to see the data or take a trial.

That projection proved to be too conservative as the same report pictured above in october 2019 details increases of 3 9 percent due in large part to an unexpected rise in demand in china. Accurate benchmark for stainless steel prices weighted averages of all prices submitted to our database for each grade of stainless. Coronavirus outbreak to weigh on global steel markets.

Scrap metal scrap price. The year was challenging for the vast majority of worldwide economies but. Indicators at 7 20 am cst today show nickel trading around 04 lb lower.

Steel data forecasts historical chart was last updated on august of 2020. Nickel closed thursday s trading session at 6 57 lb 14 480 tonne. Historically steel reached an all time high of 4960 in october of 2018.

Steel is expected to trade at 3558 99 yuan mt by the end of this quarter according to trading economics global macro models and analysts expectations. Javascript chart by amcharts 3 20 3 2014 2016 2018 2020. An october 2018 release from the world steel association predicted a small increase 1 4 in global steel demand for 2019.

Stainless steel prices in china are running 3 68 higher than this time last year and 1 1 higher than last month according to a chinese steel index we follow. An outbreak of a new coronavirus 2019 ncov in wuhan the capital of hubei province in mainland china and subsequent extension of factory closures beyond the lunar new year holiday have caused a downward revision to our iron ore and steel price forecasts over the first half of 2020. 11 2018 and down 673 55 9 from the record peak of 1 203 per tonne 1 091 nt on july 28 2008.

Steel in the same period is up 14 5 and 2 28.