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Manufacture of Stainless Steel Plate , Coil , Bar , Pipe , Fittings , Flange Exporter and Stockist - Kunlun Stainless Steel Group is a professional leader China Stainless Steel Plate Sheet, Stainless Steel Coil Strip, Stainless Steel Bar Rod manufacturer with high quality and reasonable price Steel 2016-2021 Data 2022-2023 Forecast Price Steel prices rallied to an all-time high of 5,975 yuan per tonne on May 11th, buoyed by the high cost of steelmaking ingredient iron ore and as Chinas steel capital Tangshan instructed most mills to cut production by 30%-50% until the end of the year to reduce carbon emissions. Historically, Steel reached an all time high of 6198 in May of 2021. Steel Prices:Latest News on Steel Prices Top Stories May 11, 2021 · Steel makers hike prices of HRC, CRC by up to Rs 4,500 per tonne. 04 May, 2021, 08.46 PM IST. After the price revision, a tonne of HRC will cost Rs 67,000 while the buyers will get CRC for Rs 80,000 per tonne.
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Jan 18, 2021 · Getty Images. The benchmark price for hot-rolled steel reached a new record high of $1,080/ton last month, according to our check of the market Jan. 11-12. That surpasses the previous high of $1,070/ton recorded by Steel Market Update (SMU) in 2008, and it leaves steel buyers with some important questions: