Daily Steel Prices

Daily Steel Prices provide highest, lowest and average price levels of major global products, as well as weekly and monthly changes.

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Prices in this section are continually updated in line with the very latest changes reported in the market.

Product	Daily Change %	Weekly Change %	Monthly Change %	Last Update Time
Scrap&Raw Materials
Scrap
HMS I/II 80:20, CFR Turkey, $/mt HMS I/II 80:20, CFR Turkey, $/mt Quality: Heavy Melting Steel, Grade I and II in mix 80:20 Quantity : Typical order sizes of 25,000-40,000 metric tons Delivery Term: CFR FO Location: Main Turkish port Timing : Lead times three to eight weeks from date of publication Payment: at sight Other: Pricing unit is US Dollars per metric ton	0%	0%	-2.8%	2021-09-23 03:00 CEST	Data Chart
Shredded, CFR Turkey, $/mt Shredded, CFR Turkey, $/mt Quality: Shredded steel scrap according to ISRI 211 classification or equivalent. Quantity: Typical order sizes of 25,000-40,000 metric tons Delivery Term: CFR FO Location: Main Turkish ports Timing: Lead times three to eight weeks from date of publication Payment: at sight Other: Pricing unit is US Dollars per metric ton	0%	0%	-3.05%	2021-09-23 03:00 CEST	Data Chart
HMS I/II 80:20, FOB US East Coast, $/mt HMS I/II 80:20, FOB US East Coast, $/mt Quality: Heavy Melting Steel, Grade I and II in mix 80:20 Quantity: Standard spot market order size of 25,000-40,000 metric tons Delivery Term: FOB St Location: Main U.S. East Coast port Timing: Lead time is four to twelve weeks from date of publication Payment: by letter of credit available at sight Other: Pricing unit is US Dollars per metric ton	0%	0%	-2.86%	2021-09-23 03:00 CEST	Data Chart
Shredded, Domestic US, $/mt Shredded, Domestic US, $/mt Quality: Shredded steel scrap according to ISRI 211 classification or equivalent. Quantity: Truck load Delivery Term: Delivered to mill Location: U.S.A. Timing: Spot Payment: Prompt after delivery Other: Pricing unit is US Dollars per metric ton	0%	0%	0%	2021-09-23 03:00 CEST	Data Chart
HMS I/II 80:20, CFR Turkey ex-USA, $/mt HMS I/II 80:20, CFR Turkey ex-USA, $/mt Quality: Heavy Melting Steel, Grade I and II in mix 80:20 Quantity : Typical order sizes of 15,000-40,000 metric tons Delivery Term: CFR Location: Main Turkish port Timing : Lead times three to eight weeks from date of publication Payment: at sight Other: Pricing unit is US Dollars per metric ton	0%	0%	-2%	2021-09-23 03:00 CEST	Data Chart
HMS I/II 80:20, CFR Turkey ex-Europe, $/mt HMS I/II 80:20, CFR Turkey ex-Europe, $/mt Quality: Heavy Melting Steel, Grade I and II in mix 80:20 Quantity : Typical order sizes of 15,000-40,000 metric tons Delivery Term: CFR Location: Main Turkish port Timing : Lead times three to eight weeks from date of publication Payment: at sight Other: Pricing unit is US Dollars per metric ton	0%	0%	-3.27%	2021-09-23 03:00 CEST	Data Chart
HMS I/II 80:20, CFR Turkey ex-Baltic, $/mt HMS I/II 80:20, CFR Turkey ex-Baltic, $/mt Quality: Heavy Melting Steel, Grade I and II in mix 80:20 Quantity : Typical order sizes of 15,000-40,000 metric tons Delivery Term: CFR Location: Main Turkish port Timing : Lead times three to eight weeks from date of publication Payment: at sight Other: Pricing unit is US Dollars per metric ton	0%	0%	-2.01%	2021-09-23 03:00 CEST	Data Chart
HMS I/II 80:20, CFR Turkey short sea, $/mt HMS I/II 80:20, CFR Turkey short sea, $/mt Quality: Heavy Melting Steel according to GOST A3 2787-75 or equivalent Quantity: Standard spot market order size of 3,000-5,000 mtons Delivery Term: CFR Location: Main Turkish port Timing: Lead time is four to twelve weeks from date of publication Origin: Romania, Bulgaria and Adriatic countries Payment: at sight Other: Pricing unit is US Dollars per metric ton	0%	0%	-0.6%	2021-09-23 03:00 CEST	Data Chart
Iron Ore
62% Fe, CFR China, $/mt 62% Fe, CFR China, $/mt Quality: 62% Fe content Pilbara iron ore fines Quantity: Typical order size 40,000-170,000 metric tons Delivery Term: CFR Location:Qingdao port Timing: Lead times three to eight weeks from date of publication Payment: Letter of credit available by payment at sight Other: Pricing unit is US Dollars per metric ton.	0%	1.34%	-28.52%	2021-09-23 03:00 CEST	Data Chart
Pig iron
Basic Pig Iron, CFR FO USA, $/mt Basic Pig Iron, CFR FO USA, $/mt Quality: basic pig iron Origin: CIS, Brazil Quantity : Typical order size 25,000-60,000 metric tons Delivery Term: CFR FO Location: Gulf of Mexico ports Timing : Lead times six to eight weeks from date of publication Payment: CAD, LC Other: Pricing unit is US Dollars per metric ton.	0%	0%	-10.21%	2021-09-23 03:00 CEST	Data Chart
Basic Pig Iron, FOB Black Sea, $/mt Basic Pig Iron, FOB Black Sea, $/mt Quality: basic pig iron Origin: Russia, Ukraine Quantity : Typical order size 10,000-60,000 metric tons Delivery Term: FOB Location: Black Sea Timing : Lead times seven to eight weeks from date of publication Payment: CAD, LC Other: Pricing unit is US Dollars per metric ton.	0%	0%	0%	2021-09-23 03:00 CEST	Data Chart
Basic Pig Iron, FOB Brazil Southern ports, $/mt Basic Pig Iron, FOB Brazil Southern ports, $/mt Quality: basic pig iron, 0.15 percent phosphorus Origin: Brazil Quantity : Typical order size 25,000-60,000 metric tons Delivery Term: FOB Location: Brazil Southern ports Timing : Lead times seven to eight weeks from date of publication Payment: CAD, LC Other: Pricing unit is US Dollars per metric ton.	0%	2.04%	-1.96%	2021-09-23 03:00 CEST	Data Chart
Semi Finished
Slab
FOB CIS, $/mt FOB CIS, $/mt Quality:Prime newly produced steel slabs with chemical composition as per DIN EN 10025, S235 JR or equivalent commercial grade Quantity : Standard order sizes of 3-5000 metric tons Delivery Term: FOB main Blacks Sea ports Timing: Four to eight weeks lead time from date of publication Payment: Letter of Credit available by payment at sight Other: Pricing unit is US Dollars per metric ton	0%	-9.93%	-13.65%	2021-09-23 03:00 CEST	Data Chart
Billet
FOB CIS, $/mt FOB CIS, $/mt Quality: Prime newly produced steel billets with chemical composition as per 3 SP/PS or equivalent commercial grade Size : 125x125 mm Length: 11.7 meters Quantity: 3-5,000 metric tons Delivery term: FOB Main Ukrainian and Russian Black Sea ports Timing: Four to eight weeks lead time from date of publication Payment: Letter of Credit available by payment at sight Other: Pricing unit is US Dollars per metric ton	0%	0%	-3.61%	2021-09-23 03:00 CEST	Data Chart
FOB China, $/mt FOB China, $/mt Quality: Prime newly produced steel billets with chemical composition as per DIN EN 10025, Q235 or equivalent commercial grade Size : 150x150 mm Length: 12 meters Quantity: 5-10,000 metric tons Delivery term: Main Chinese port Timing: Four to eight weeks lead time from date of publication Payment: Letter of Credit available by payment at sight Pricing unit is US Dollars per metric ton	0%	0%	3.9%	2021-09-23 03:00 CEST	Data Chart
CFR Turkey, $/mt CFR Turkey, $/mt Quality: Prime newly produced steel billets with chemical composition as per DIN EN 10025, S235 JR or equivalent commercial grade Size : 130x130 mm Length: 12 meters Quantity: 5-10,000 metric tons Delivery term: CFR main Turkish ports Timing: Four to eight weeks lead time from date of publication Payment: Letter of Credit available by payment at sight Pricing unit is US Dollars per metric ton	0%	-0.65%	-6.36%	2021-09-23 03:00 CEST	Data Chart
Ex-warehouse China, RMB/mt(incl. 13% VAT) Ex-warehouse China, RMB/mt(incl. 13% VAT) Quality: Prime newly produced steel billets with chemical composition as per Q195-235 or equivalent commercial grade Size: 100x100 – 130X130 mm – 150x150 mm Length: 6-12 meters Quantity: on average 2,000 metric tons Delivery term: Ex-Warehouse Location: PR of China Timing: Two to four weeks lead time from date of publication Payment: prompt payment upon delivery Other: Price includes 13% VAT Pricing unit is RMB Yuan per metric ton The value-added tax (VAT) rate in China for manufacturing and other industries has been reduced from 16 percent to 13 percent as of 1 April 2019.	0%	-0.04%	6.14%	2021-09-23 03:00 CEST	Data Chart
Long Steel
Wire Rod
FOB China, $/mt FOB China, $/mt Quality: Prime newly produced mesh making quality steel wire rods in coils Diameter: 6,5 mm Coil Weight: 1,5 metric tons Quantity: Standard order sizes of 3,000-5,000 metric tons Delivery Term: FOB St L/S/D Location: Main Chinese port Timing: Lead time is four to twelve weeks from date of publication Payment: by letter of credit available at sight Other: Pricing unit is US Dollars per metric ton Price excludes VAT	0%	0%	0.6%	2021-09-23 03:00 CEST	Data Chart
Ex-works Turkey, $/mt Ex-works Turkey, $/mt Quality: Prime newly produced mesh making quality steel wire rods in coils Diameter: 6,5 mm Coil Weight: 1,5 metric tons Quantity: Standard order sizes of 100 metric tons per diameter Delivery Term: Ex-Works Location: Turkey Timing: Lead time is three to six weeks from date of publication Payment: prompt payment upon delivery Other: Pricing unit is US Dollars per metric ton Price excludes VAT	0%	0.66%	-2.85%	2021-09-23 03:00 CEST	Data Chart
Rebar
FOB Turkey, $/mt FOB Turkey, $/mt Quality: Prime newly produced deformed reinforcing steel bar in commercial grades as per ASTM A 615/A615 M, BS4449 or equivalent Diameter: 12 mm Length: 6 m. Quantity: Standard order sizes of 100 metric tons per diameter Delivery Term: FOB St L/S/D Location: Main Turkish port Timing: Four to eight weeks from date of the publication Payment: by Letter of Credit available at sight Other: Price excludes VAT Invoicing basis actual weight Pricing unit is US Dollars per metric ton	0%	0%	-1.46%	2021-09-23 03:00 CEST	Data Chart
FOB China, $/mt FOB China, $/mt Quality: Prime newly produced deformed reinforcing steel bar in commercial grades as per ASTM A 615/A615 M, BS4449 or equivalent Diameter: 8-10-12 mm Length: 12 m. Quantity: Standard order sizes of 100 metric tons per diameter Delivery Term: FOB St L/S/D Location: Main Chinese port Timing: Four to eight weeks from date of the publication Payment: by Letter of Credit available at sight Other: Price excludes VAT Invoicing basis actual weight Pricing unit is US Dollars per metric ton	0%	0%	1.16%	2021-09-23 03:00 CEST	Data Chart
CFR US, $/mt CFR US, $/mt Quality: Prime newly produced deformed reinforcing steel bar in commercial grades as per ASTM A615 / A615M Diameter: #5 (5/8 inches) Length: 40 feet Quantity: Typical shipment quantity of 5,000-10,000 metric tons Delivery Term: C.F.R. Free Out Location: U.S.A. Gulf Port Timing: Lead time is four to twelve weeks from date of publication Payment: by Letter of Credit available at sight Other: Pricing unit is US Dollars metric ton Invoicing basis theoretical weight	0%	-1.27%	-2.5%	2021-09-23 03:00 CEST	Data Chart
Ex-works US, $/cwt Ex-works US, $/cwt Quality: Prime newly produced deformed reinforcing steel bar in commercial grades as per ASTM A615 / A615M Diameter: #5 (5/8 inches) Length : 40 feet Quantity: Standard order size of 50 lbs per size Delivery Term: FOB Truck Ex-Mill Location: U.S.A. Timing : Lead time is four to twelve weeks from date of publication Payment: Net 30 days after delivery Other: Pricing unit is US Dollars per cwt Invoicing basis theoretical weight	0%	0%	0%	2021-09-23 03:00 CEST	Data Chart
Ex-warehouse Turkey, TL/mt Ex-warehouse Turkey, TL/mt Quality: Prime newly produced deformed reinforcing steel bar in commercial grades as per ASTM A 615/A615 M, BS4449 or equivalent Diameter: 12 mm Length: 6 m. Quantity: Standard order sizes of 100 metric tons per diameter Delivery Term: Ex-Warehouse Location: Turkey Timing: Three to six weeks from date of the publication Payment: prompt payment upon delivery Other: Price includes VAT of 18% Invoicing basis actual weight Pricing unit is TL per metric ton	0%	1.5%	1.5%	2021-09-23 03:00 CEST	Data Chart
Ex-warehouse China, RMB/mt(incl. 13% VAT) Ex-warehouse China, RMB/mt(incl. 13% VAT) Quality: Prime newly produced deformed reinforcing steel bar as per HRB400 or equivalent commercial grades Diameter: 20 mm Quantity: Standard order sizes of 100 metric tons per diameter Delivery Term: Ex-Warehouse Location: PR of China Timing: Spot to three weeks from date of the publication Payment: prompt payment upon delivery Other: Price includes 13% VAT Invoicing basis actual weight Pricing unit is RMB Yuan per metric ton The value-added tax (VAT) rate in China for manufacturing and other industries has been reduced from 16 percent to 13 percent as of 1 April 2019.	0%	2.97%	9.6%	2021-09-23 03:00 CEST	Data Chart
Flat Steel
HRC
FOB China, $/mt FOB China, $/mt Quality: Prime newly produced hot rolled steel sheet in coil as per grade SS400 Dimensions: Thickness : 5,75 mm Width : 1500 mm Quantity : Typical order sizes of 5,000-20,000 metric tons Delivery Term: FOB St L/S/D Location: Main port of PR of China Timing : Lead times three to twelve weeks from date of publication Payment: by letter of credit available at sight Other: Pricing unit is US Dollars per metric ton	0%	0%	-2.54%	2021-09-23 03:00 CEST	Data Chart
FOB CIS, $/mt FOB CIS, $/mt Quality : Prime newly produced hot rolled steel sheet in coil as per DIN EN 10025, S235 JR or equivalent commercial grade Dimensions: Thickness : 2.00 mm Width ≥ 1100 mm Quantity : Typical order sizes of 3,000-5,000 metric tons Delivery Term: FOB St L/S/D Location: Main Ukrainian and Russian Black Sea ports Timing : Lead times four to twelve weeks from date of publication Payment: by letter of credit available at sight Other: Pricing unit is US Dollars per metric ton	0%	-1.74%	-6.61%	2021-09-23 03:00 CEST	Data Chart
CFR Turkey, $/mt CFR Turkey, $/mt Quality : Prime newly produced hot rolled steel sheet in coil as per DIN EN 10025, S235 JR or equivalent commercial grade Dimensions: Thickness : 2.00 mm Width ≥ 1100 mm Quantity : Typical order sizes of 3,000-5,000 metric tons Delivery Term: CFR FO Location: Main Turkish ports Timing : Lead times four to twelve weeks from date of publication Payment: by letter of credit available at sight Other: Pricing unit is US Dollars per metric ton	0%	-2.51%	-6.42%	2021-09-23 03:00 CEST	Data Chart
Ex-works EU, €/mt Ex-works EU, €/mt Quality: Prime newly produced hot rolled steel sheet in coil as per DIN EN 10025, S235 JR or equivalent commercial grade Dimensions: Thickness : 2.00 MM Width : 1200-1500 mm Quantity : Standard order sizes of 50-100 metric tons Delivery Term: Ex-Works Location: Europe Timing : Lead times six to twelve weeks from date of publication Payment: Prompt payment upon delivery from mill Other: Pricing unit is Euros per metric ton	0%	-0.96%	-4.17%	2021-09-23 03:00 CEST	Data Chart
Ex-works US, $/cwt Ex-works US, $/cwt Quality: Prime newly produced hot rolled steel sheet in coil as per ASTM A36 or equivalent commercial grade Dimensions: Thickness : 0.083-0.370 inches Width : 48 inches Quantity : Standard order sizes of 1,000-2,000 lbs Delivery Term: FOB loaded vehicle ex-mill Location: U.S. Midwest Timing : Lead times three to twelve weeks from date of publication Payment: Net 30 days after delivery Other: Pricing unit is US Dollars per cwt	0%	0%	2.13%	2021-09-23 03:00 CEST	Data Chart
Ex-warehouse China, CNY/mt(incl. 13% VAT) Ex-warehouse China, CNY/mt(incl. 13% VAT) Quality: Prime newly produced hot rolled steel sheet in coil as per grade SS400 Dimensions: Thickness : 5.75 mm Width : 1500 mm Quantity : Truck Load Delivery Term: Ex-Warehouse Location: PR of China Timing : Spot Payment: prompt upon delivery Other: Pricing unit is RMB Yuan per metric ton Price includes 13% VAT The value-added tax (VAT) rate in China for manufacturing and other industries has been reduced from 16 percent to 13 percent as of 1 April 2019.	0%	-0.17%	2.04%	2021-09-23 03:00 CEST	Data Chart
Ex-works Turkey, $/mt Ex-works Turkey, $/mt Quality : Prime newly produced hot rolled steel sheet in coil as per DIN EN 10025, S235 JR or equivalent commercial grade Dimensions: Thickness : 2.00 – 3.00 mmWidth ≥ 1100 mm Quantity : Truck Load Delivery Term: Ex-Works Location: Turkey Timing : Lead times four to twelve weeks from date of publication Payment: prompt upon delivery Other: Pricing unit is US Dollars per metric ton	0%	-2.4%	-10.29%	2021-09-23 03:00 CEST	Data Chart
FOB Turkey, $/mt FOB Turkey, $/mt Quality : Prime newly produced hot rolled steel sheet in coil as per DIN EN 10025, S235 JR or equivalent commercial grade Dimensions: Thickness : 2.00 mm Width ≥ 1100 mm Quantity : Typical order sizes of 3,000-10,000 metric tons Delivery Term: FOB St L/S/D Location: Main Turkish port Timing : Lead times four to twelve weeks from date of publication Payment: by letter of credit available at sight Other: Pricing unit is US Dollars per metric ton	0%	-1.6%	-8.87%	2021-09-23 03:00 CEST	Data Chart
CRC
1mm, FOB China, $/mt 1mm, FOB China, $/mt Quality: Prime newly produced cold rolled steel sheet in coil as per DIN EN 10130, DC01 or St12 or equivalent commercial grade Thickness : 1.00 mm Width 1250 mm Quantity : Typical order sizes of 3,000-10,000 metric tons Delivery Term: FOB St L/S/D Location: Main port of PR of China Timing : Lead times three to twelve weeks from date of publication Payment: by letter of credit available at sight Other: Pricing unit is US Dollars per metric ton	0%	0%	-4.63%	2021-09-23 03:00 CEST	Data Chart
FOB CIS, $/mt FOB CIS, $/mt Quality: Prime newly produced cold rolled steel sheet in coil as per DIN EN 10130, DC01 or equivalent commercial grade Thickness : 0.50 mm Width ≥ 1100 mm Quantity : Typical order sizes of 3,000-5,000 metric tons Delivery Term: FOB St L/S/D Location: Main Black Sea port Timing : Lead times four to twelve weeks from date of publication Payment: by letter of credit available at sight Other: Pricing unit is US Dollars per metric ton	0%	0%	-3.24%	2021-09-23 03:00 CEST	Data Chart
Ex-works EU, €/mt Ex-works EU, €/mt Quality: Prime newly produced cold rolled steel sheet in coil as per DIN EN 10130, DC01 or equivalent commercial grade Thickness : 1.00 mm Width ≥ 1100 mm Quantity : Standard order sizes of 50-100 metric tons Delivery Term: Ex-Works Location: Europe Timing : Lead times six to twelve weeks from date of publication Payment: Prompt payment upon delivery from mill Other: Pricing unit is Euros per metric ton	0%	-0.79%	-1.19%	2021-09-23 03:00 CEST	Data Chart
Ex-works Turkey, $/mt Ex-works Turkey, $/mt Quality : Prime newly produced cold rolled steel sheet in coil as per DIN EN 10130, DC01 or equivalent commercial grade Thickness : 1.00 mm Width ≥ 1100 mm Quantity : Truck Load Delivery Term: Ex-Works Location: Turkey Timing : Lead times four to twelve weeks from date of publication Payment: prompt upon delivery Other: Pricing unit is US Dollars per metric ton	0%	-4.93%	-14.86%	2021-09-23 03:00 CEST	Data Chart
Coated
HDG, FOB China, $/mt HDG, FOB China, $/mt Quality: Prime newly produced hot dip galvanized steel sheet in coil as per DIN EN 10327, DX51 D +Z or equivalent commercial grade Coating thickness : 120 gm/m2. Thickness: 1.00 mm Width ≥ 1100 mm. Quantity : Typical order sizes of 3,000 to 10,000 metric tons Delivery Term: FOB St L/S/D Location: Main Chinese port Timing : Lead times three to twelve weeks from date of publication Payment: by letter of credit available at sight Other: Pricing unit is US Dollars per metric ton	0%	0%	-6.87%	2021-09-23 03:00 CEST	Data Chart
HDG, Ex-works US, $/cwt HDG, Ex-works US, $/cwt Quality: Prime newly produced commercial grade hot dip galvanized steel sheet in coil Dimensions: Width : 48”-60” Coating: Base price does not include coating extras Quantity : Truck load Delivery Term: loaded vehicle ex-mill Location: U.S. Midwest Timing : Lead times three to twelve weeks from date of publication Payment: Net 30 days after delivery Other: Pricing unit is US Dollars per cwt	0%	0%	0.94%	2021-09-23 03:00 CEST	Data Chart
PPGI, FOB China, $/mt PPGI, FOB China, $/mt Quality: Prime newly produced prepainted steel sheet in coil as per GB/T3830-2006, TDC51D +Z or equivalent commercial grade Coating thickness : 120 gm/m2. Color: Per customer’s requirements Thickness: 0.476 mm Width ≥ 1000 mm. Quantity : Typical order sizes of 500 to 5,000 metric tons Delivery Term: FOB Location: Main Chinese port Timing : Lead times three to twelve weeks from date of publication Payment: by letter of credit available at sight Other: Pricing unit is US Dollars per metric ton	0%	0%	-2.08%	2021-09-23 03:00 CEST	Data Chart
PPGI, Ex-works Turkey, $/mt PPGI, Ex-works Turkey, $/mt Quality : Prime newly produced prepainted steel sheet in coil as per DIN EN 10346, DX51 D +Z or equivalent commercial grade Coating thickness : 100 gm/m2 Color: RAL 9002 Thickness: 0.50 mm Width ≥ 1200 mm. Quantity : Truck Load Delivery Term: Ex-Works Location: Turkey Timing : Lead times three to twelve weeks Payment: prompt upon delivery Other: Pricing unit is US Dollars per metric ton	0%	-0.76%	-7.14%	2021-09-23 03:00 CEST	Data Chart
HDG Ex-Works Turkey, $/mt HDG Ex-Works Turkey, $/mt Quality: Prime newly produced hot dip galvanized steel sheet in coil as per DIN EN 10346, DX51 D +Z or equivalent commercial grade Coating thickness : 100 gm/m2. Thickness: 0.50 mm Width ≥ 1100 mm. Quantity : Truck Load Delivery Term: Ex-Works Location: Turkey Timing : Lead times three to twelve weeks Payment: prompt upon delivery Other: Pricing unit is US Dollars per metric ton	0%	-1.21%	-5.79%	2021-09-23 03:00 CEST	Data Chart
Stainless Steel
Alloy
Nickel, $/mt	0.9%	-3.88%	0.98%	2021-09-23 09:04 CEST	Data Chart
Coils
CRC, FOB China, $/mt CRC, FOB China, $/mt Quality: Prime quality stainless steel cold rolled coil, according to ASTM 304 standard Thickness: 1 mm Width: 1,219 mm Surface: 2B Quantity : Typical order sizes of 3,000-10,000 metric tons Delivery Term: FOB St L/S/D Location: Main port of PR of China Timing : Lead times three to twelve weeks from date of publication Payment: by letter of credit available at sight Other: Pricing unit is US Dollars per metric ton	0%	0%	3.08%	2021-09-23 03:00 CEST	Data Chart

Daily Steel Prices

Many constructions are planned wisely to prevent any damages caused by environmental disasters such as earthquakes and hurricanes. In order to strengthen a construction, it is necessary to use resistant materials like steel. Steel is a common material that is mostly used in buildings and constructions all around the world. When steel is processed properly, there is a high amount of material exposed and ready to use. In addition, steel is one of the most popular green materials that can be recycled and used again. There are several options to obtain and process large amounts of steel according to utilization purposes. Daily steel prices are affected by international trade conditions and changes. Although steel is more costly material to build a construction than other average materials, it is convenient to reach and profitable in the long run. Steel prices can increase through import tariffs, demand and production capacities.

Dynamics Of Daily Steel Prices

Steel is one of the most appealing trade products with a profitable approach. High durability, safety, speed of building process and architectural value are main advantages of usage of steel materials. In different countries, most manufacturers and companies prefer to benefit from steel with their construction process. Therefore, there are dynamics of daily steel prices in the whole market. Generally steel market price changes in line with the global economy, natural disasters, market demands and manufacturers. All changes in steel prices can be followed through specific platforms that contain steel market databases. When steel is one of the most commonly used materials in buildings, there is high worldwide demand appears. In this case, following the daily steel price updates helps to understand when and where is the best to approach steel in order to increase profit. Daily steel prices which contain raw material values include three different approaches such as lowest, average and highest price levels of global steel materials. Daily steel prices are mainly directed from a couple of countries according to being center of manufacture. The US, China and Luxembourg are the leaders of the global steel market. Various companies from those head countries have an impact on daily steel prices.

Current Daily Steel Prices

There are several human needs that basically include food, clothing, safety and socialization. In terms of those needs, safety means financial freedom and a place for accommodation. In order to build a safe accommodation place, many people prefer to use strong and resistant to natural conditions materials. Consequently, steel becomes more attractive and useful raw material which has a large place in the global market. Market demand takes a big role in steel price today as well as steel amount. Current steel prices can be achieved through some global reports which contain daily, weekly and monthly changes. These reports also show that country and company information with quality and quantity of steel. It is possible to learn about location, delivery time and term with payment way of trading steel materials. Daily steel prices in a current manner are diversified with trade motion and global market conditions.