Steel increased 215 Yuan/MT or 5.61% since the beginning of 2019, 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 4780 in September of 2018 and a record low of 1750 in February of 2016.

Steel is expected to trade at 3733.45 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 3463.57 in 12 months time.

Steel
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Energy Price Day Weekly Monthly Yearly Date
Crude Oil 57.0869 0.22 0.39% 0.54% -1.29% -17.62% Jul/24
Brent 63.8352 0.12 0.19% 0.28% -1.87% -13.65% Jul/24
Natural gas 2.2915 0.01 -0.52% -0.54% -0.71% -17.42% Jul/24
Gasoline 1.8515 0.01 -0.45% -1.45% -1.37% -12.79% Jul/24
Heating oil 1.9244 0.00 0.11% 1.68% 0.05% -10.54% Jul/24
Ethanol 1.5000 0.00 0.00% 1.49% -5.06% 5.26% Jul/24
Naphtha 504.56 0.96 0.19% -0.20% 7.27% -21.10% Jul/23
Propane 0.49 0.00 0.14% 0.76% 11.40% -47.13% Jul/23
Uranium 25.5000 0.25 0.99% -3.04% 3.24% 7.37% Jul/23

Metals Price Day Weekly Monthly Yearly Date
Gold 1,422.23 6.66 0.47% -0.31% -0.04% 15.52% Jul/24
Silver 16.5250 0.13 0.77% 3.48% 7.55% 6.22% Jul/24
Platinum 855.50 1.50 0.18% 1.48% 6.14% 1.82% Jul/24

Agricultural Price Day Weekly Monthly Yearly Date
Soybeans 890.2484 3.00 0.34% 0.88% -1.47% 3.43% Jul/24
Wheat 486.7764 0.50 0.10% -3.70% -9.14% -10.31% Jul/24
Cotton 63.16 0.13 -0.21% 2.05% 1.54% -28.87% Jul/24
Rice 11.9700 0.05 0.42% 1.31% 8.28% -0.62% Jul/23
Palm Oil 2,421.00 16.00 0.67% 0.46% 1.47% 15.12% Jul/23
Cheese 1.8110 0.00 0.00% 0.22% 6.78% 21.14% Jul/24
Milk 17.40 0.00 0.00% 0.52% 6.68% 22.71% Jul/24
Rubber 229.90 0.70 0.31% 0.04% -1.88% 41.48% Jul/24
Canola 447.60 0.10 0.02% 0.79% 0.40% -8.56% Jul/24
Sugar 11.85 0.13 -1.09% 0.51% -3.89% 5.90% Jul/24
Oat 265.7668 2.25 0.85% -4.49% -2.11% 14.43% Jul/24
Tea 2.52 0.00 0.00% 20.00% 2.86% -17.38% Jul/23
Cocoa 2,475.00 57.00 -2.25% 0.86% -1.47% 10.25% Jul/23
Orange Juice 101.50 1.55 -1.50% -3.06% 2.27% -37.79% Jul/23
Coffee 102.30 2.80 -2.66% -1.73% 0.29% -7.80% Jul/23
Lumber 332.70 11.30 -3.28% 0.09% -16.45% -32.56% Jul/23
Wool 1,754.00 0.00 0.00% 0.00% -0.68% -11.46% Jul/23
Corn 425.4178 0.25 -0.06% -2.43% -4.93% 18.42% Jul/24

Livestock Price Day Weekly Monthly Yearly Date
Live Cattle 109.0500 0.60 0.55% 0.76% 1.99% 0.02% Jul/23
Lean Hogs 86.1750 2.95 3.54% 9.01% 18.29% 29.78% Jul/23
Poultry 4.65 0.02 -0.43% -1.69% -1.48% 21.09% Jul/23
Beef 10.45 0.08 -0.76% -1.60% -2.88% 10.47% Jul/23
Feeder Cattle 142.2000 0.03 0.02% 0.82% 7.91% -6.95% Jul/23

Industrial Price Day Weekly Monthly Yearly Date
Copper 2.7027 0.01 0.37% -0.27% -1.20% -3.68% Jul/24
Bitumen 3,478.00 22.00 0.64% 1.93% 15.09% 7.61% Jul/24
Steel 4,049.00 13.00 -0.32% 7.97% 6.52% -2.08% Jul/23
Cobalt 28,000 0.00 0.00% 0.00% 0.00% -59.86% Jul/23
Coal 75.25 0.18 -0.24% 1.52% 5.96% -34.19% Jul/23
Palladium 1,524.50 2.50 -0.16% -0.85% -0.23% 62.35% Jul/24
Lead 2,002.50 0.00 0.00% 1.43% 5.01% -6.28% Jul/23
Aluminum 1,816.00 0.00 0.00% -1.84% 1.28% -11.93% Jul/23
Tin 17,675.00 225.00 -1.26% -1.81% -7.34% -10.51% Jul/23
Zinc 2,436.00 19.00 0.79% -1.85% -2.21% -5.76% Jul/23
Nickel 14,256.00 0.00 0.00% 4.86% 18.12% 5.61% Jul/23
Molybdenum 27.25 0.00 0.00% -4.05% -4.72% 0.18% Jul/23
Iron Ore 119.00 0.50 -0.42% -2.86% 1.71% 76.30% Jul/23
Soda Ash 1,643.33 0.00 0.00% 0.00% -8.70% -15.73% Jul/23
Neodymium 397,500.00 5,000.00 -1.24% -4.22% -15.43% -3.64% Jul/23
Iron Ore 62% fe 120.4200 0.41 0.34% -0.64% 10.49% 88.66% Jul/23
Manganese 36.50 0.00 0.00% 0.00% 0.00% -5.19% Jul/23
Rhodium 3,515.00 15.00 -0.42% -1.26% 9.33% 49.57% Jul/23
Lithium 105.68 0.86 0.82% 1.48% 3.93% -14.82% Jul/23

Index Price Day Weekly Monthly Yearly Date
Baltic Dry 2,165.00 26.00 -1.19% 12.29% 72.10% 22.04% Jul/23
CRB Index 188.01 0.52 0.28% -0.54% -0.36% -5.88% Jul/23
LME Index 2,840.50 0.00 0.00% 0.25% 1.41% -6.37% Jul/23
S&P GSCI 2,457.92 0.00 0.00% -3.22% -0.96% -8.84% Jul/23


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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
4049.00 4062.00 4780.00 1750.00 2016 - 2019 Yuan/MT Daily