WebWe maintain our global average steel price forecasts for 2024 at USD825/tonne, as limited production growth hampers steel supply globally, while Chinese demand raises prices from current levels. … WebSteel commodity analysis and forecasts from The EIU's trusted experts. This service offers The EIU's two-year forecast for the global demand, supply and price of steel. Our forecasts and reports are updated monthly, to take into account the latest market trends and the shifting economic outlook in key markets. US$195 / 12 month access.
Souring iron ore outlook set to persist into 2024 - S&P Global
WebApr 10, 2024 · International credit rating agency Fitch Solutions in its quarterly iron ore report has revised upwards its iron ore price forecast for 2024 from $110/mt to $125/mt, driven by ongoing optimism from the Chinese economic recovery. The agency stated that the easing of the zero-Covid policy and the real estate sector reform in China will support ... WebUnprecedentedly high flat steel product pricing in the United States was forecast to persist through the current quarter and well into the second half of 2024. Actual US hot-rolled coil prices in April slightly outpaced our forecasts, with Fastmarkets’ US HRC index averaging $1,390 per ton in April, versus our forecast price of $1,340 per ton ... critical thought facilities
Global steel prices to average $800 per tonne in H1: Fitch
WebApr 12, 2024 · Purcellville, VA Allergy Forecast. Purcellville, VA Cold & Flu. Purcellville, VA Snow & Ski Forecast. Purcellville, VA Fire Updates. HALL OF FAME PHOTOS. Purcellville, VA TRAFFIC CAMERAS. Purcellville, VA WEATHER CAMERAS. No Weather Cams available in this region. Purcellville, VA Outdoor Sports Guide. WebApr 3, 2024 · Fitch Solutions has made an upward revision to its 2024 iron ore price forecast from an annual average of $110/tonne to $125/t. A stronger-than-expected recovery in China's economy has worked to boost physical demand for steel, Kallanish notes. The research house believes that market optimism coupled with an improving … WebSabrin Chowdhury. Head of Commodities Analysis. Sabrin leads Fitch Solutions commodity fundamental analysis and price strategy, managing a team that covers 20 commodities … critical thought essay