2024-2030: Nickel Steel Market Trend And Analysis https://lnkd.in/eCMcjbn6 #marketanalysis #marketresearch #marketresearchreports #businessintelligence
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Preview MetalMiner's Annual Metals Outlook, December update: https://lnkd.in/esY3YUBr Metal markets change, therefore price forecasting should too. That's why our Annual Outlook, a 12 month metal price forecasting report (including steel, aluminum, copper, zinc, tin, lead and nickel) comes with 3 quarterly updates. Check out a preview of our most recent, December update by following the link above. #steel #metalprices #metalindustry #copperprices #steelprices #nickelprices #aluminumprices #procurementmanager
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Why Is Steel Expensive? Exploring the Key Factors, Market Trends, and Future Outlook https://lnkd.in/dE8Gsjt5 Steel is a fundamental material in modern industry, yet its price has been rising significantly. Understanding why steel is expensive is crucial for businesses, investors, and consumers who rely on this essential commodity. This article delves into the primary reasons behind the high cost of steel, examines current market trends, and provides insights into future price movements. Key Factors Driving High Steel Prices Rising Raw Material Costs Iron Ore and Coking Coal: Steel production heavily depends on iron ore and coking coal. Significant increases in the prices of these raw materials directly impact steel prices. Supply constraints and higher demand... #steelprice #steel #iron #steelnews #news #steelmarket #market #industrialnews #LME #HKEX #Londonmetalexchange #metal #metalexchange #investment #investing #stock #stocks
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Catch up on the latest news in the metals industry with the O'Neal Steel Market Informer, which includes the latest #economicnews, #industrynews, and #tradenews. Check out the FULL version here: https://lnkd.in/ewVzCUT7 #weareonealsteel #marketinformer
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#Commodities Analyst/Trader with 13+ years of experience in #metals, ags, and energies seeking new opportunities. World Traveler, Formula 1 #f1 aficionado, uncle to Alex, Leah, and Zach.
Due continually lackluster demand, Chinese steel production has trended lower since late spring 2024. Similarly, prices for certain steel products such as rebar, a key building material, have also slid. Import prices for iron ore have slumped, but through August, volumes are actually up about 5.2% compared to last year. According to Reuters, excess iron ore is being used to rebuild inventories. Certainly an interesting dynamic taking place in the Chinese steel and iron ore markets!! I’m happy to have a deeper discussion on metals markets in private. – Chris (Chart courtesy Reuters and Clyde Russell, Link to the original article in the comment section below) #commodities #trading #markets #metals #economy #economics #hedgefunds #hedgefund #money #investing #investment #business #familyoffice #oil #energy #finance #stockmarket
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#Daily #Steel #Market #Price in #China Currently, #macroeconomic #policies of Chinese #government are trending #positively, while dual coke and iron ore are also in high price level. Despite the ongoing decrease in daily iron production and weakening demand for iron ore in furnaces, the market trading logic remains based on policy #expectations and steel mills' winter storage of raw materials reserves. #Steel #mills are continuing to increase their #factory prices and remain optimistic about future price trends. Furthermore, the limited inventory of market merchants compels them to accept #high #prices. Although the overall inventory of iron ore in steel mills is also low, the cost side continues to drive up spot prices. It is anticipated that steel prices will increase, with a range of 10-30 yuan/ton. Today #exchange #rate 1 USD = 7.1363 CNY Want know more about steel market in China, follow me!
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#CUMICWeekly This week, Chinese steel prices saw fluctuations at while remaining high, primarily due to high cost of iron ore, limiting significant downward price movement. Watch the video📷https://lnkd.in/gMZG7zSJ #steelindustry #steel #cumic
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Ferrous Financial Insider: Global steel prices continued to gradually increase, with the Chinese market regaining momentum Domestic steel prices held steady, while the futures market saw slight easing, indicating potential shifts in investor expectations Global steel prices continued to gradually increase, with the Chinese market regaining momentum Raw material prices stayed the same or fell, with the notable exception of iron ore, which has a price increase Both base and precious metals experienced an across-the-board rise US domestic production dipped back down to relatively low levels Our full report features our proprietary industry insight and analysis with specific numeric markers, reviews over 63 economic data point indicators, and highlights 146 weekly market prices. Read the full FFI report here: https://lnkd.in/gdGaTAVb Want to unpack our FFI further? Join Daniel Doderer on Jan. 25 at 1 p.m. CST for FFI Live. Register for the webcast here: https://lnkd.in/gmuBVEBk #FlackGlobalMetals #Imports #RawMaterials #Metals #Products #EconomicInsights #MarketAnalysis #Global
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Preview MetalMiner's Annual Metals Outlook, December update: https://lnkd.in/esY3YUBr Metal markets change, therefore price forecasting should too. That's why our Annual Outlook, a 12 month metal price forecasting report (including steel, aluminum, copper, zinc, tin, lead and nickel) comes with 3 quarterly updates. Check out a preview of our most recent, December update by following the link above.
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Is the Steel Industry feeling the heat from falling prices? Recent data reveals a significant drop in Nucor's Cold-Rolled Steel (CSP) base price, now at $650 (USD) per ton. But what's really behind this downward trend? Key points to consider: 1. CSP prices have fallen $130/ton (USD) since early June. 2. Raw material costs are declining, with iron ore at $108.35/mt (USD) and zinc at $2,869/mt (USD). 3. U.S. raw steel production dipped to 1,695k tons, the lowest since January. What does this mean for the steel industry?: - Short-term pressure on profit margins expected - Potential for increased competition as prices soften - Opportunity to reassess cost structures and efficiency However, it's not all doom and gloom: - Carbon flat-rolled steel consumption shows 14 months of year-over-year growth - Year-to-date steel consumption remains positive As we navigate these challenging market conditions, it's crucial for steel industry professionals to stay informed and adaptable. Are you seeing these pricing trends impact your business? aussiesteeldirect.com.au #SteelIndustry #CommodityPrices #MarketTrends
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Why Is Steel Going Up? Unveiling the Key Drivers, Market Trends, and Future Projections https://lnkd.in/dxRJGE_h Steel prices have been on an upward trajectory, affecting industries ranging from construction to automotive. Understanding why steel is going up is essential for businesses, investors, and stakeholders to navigate this shifting market landscape effectively. This article provides an in-depth analysis of the factors driving the rise in steel prices, explores current market dynamics, and offers insights into future trends. Key Drivers Behind the Increase in Steel Prices Surge in Raw Material Costs Iron Ore and Coking Coal: The prices of key raw materials such as iron ore and coking coal have surged. These materials are fundamental to steel production,... #steelprice #steel #iron #steelnews #news #steelmarket #market #industrialnews #LME #HKEX #Londonmetalexchange #metal #metalexchange #investment #investing #stock #stocks
Why Is Steel Going Up? Unveiling the Key Drivers, Market Trends, and Future Projections
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