Steel Price Forecast 2024 Usa 2024. A december 2023 report from oxford economics predicted 2024 reductions in steel prices of ~7% both in the eu and in the usa; Hrc steel decreased 397.95 usd/t or 36.41% since the beginning of 2024, according to trading on a contract for difference (cfd) that tracks the benchmark market for this commodity.
Price figures show average world fob export prices for hrc and rebar in usd per metric tonne. Steelmakers are on course to post higher profits in the first quarter of 2024 as prices spike from a scramble by buyers to restock following a brief halt in procurement.
Steel Price Forecast 2024 Usa 2024 Images References :