Rebar prices

We now show historic steel prices on our website including rebar prices as well as HRC, CRC and other price data.The historic data goes back to year 2001 and is shown monthly.

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World steel prices 2001 - 2016

We now show world steel prices for the period 2001- 2016 on our website. Visit us at http://www.steelonthenet.com/steel-prices.html.

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End-2016 changes in steelmaking input costs

If you are watching steelmaking input costs, you will have noticed the marked increases in input costs of recent months. For example,

- Thermal coal has moved from $78/tonne in September to $107 in November 2016 (Australian coal, fob Newcastle/Port Kembla)

- Iron ore has moved from $57/tonne to $72/tonne (Chinese imported iron ore fines (62% Fe spot, CFR Tianjin port)

- Natural gas has increased from $4.01 to $4.54/m BTUs (Russian origin - border price in Germany expressed in US $ per million metric British Thermal Units).

The full time series for these costs can be seen at http://www.steelonthenet.com/commodity-prices.html.

According to Platts, met coke prices also doubled earlier this year (see http://www.platts.com/latest-news/metals/singapore/seaborne-metallurgical-coke-price-doubles-jan-27661511).

Surely steel prices will catch up soon?

blogger@steelonthenet.com