International Steel Prices
January 15, 2021
CRU: Emissions Announcement Pushes Up China Sheet Prices
Written by George Pearson
By CRU Prices Analyst George Pearson, from CRU’s Steel Sheet Products Monitor
Chinese sheet prices reached a new high this week after a government policy notice on March 2 notifying of emissions production cuts in Tangshan province in late-February to late-March. We expect the impact of this announcement to be lower than the initial price rise suggests. In other regions, sheet prices globally have continued to rise, but at a slower pace.
