International Steel Prices
July 24, 2017
Chinese Steel Prices Surging
Written by John Packard
Steel Market Update (SMU) sources in China have provided pricing guidance on a number of steel products coming out of China. We are seeing steel prices rising in China due to higher commodity prices (example: iron ore this morning was $69.70 per dry metric ton for 62% Fe, according to The Steel Index).
The following prices were provided to Steel Market Update by Beijing Metal Import and Export Co. and were dated July 23, 2017, for July shipment:
