Shanghai steel futures surged past another milestone to trade above 5,300 yuan a tonne as attempts from steel mills to produce more have been limited due to environmental restrictions imposed in China’s steel capital Tangshan while demand keeps growing. China’s crude steel output increased 19% from a year earlier to a near-record on high-profit margins and exports in March jumped to a 4-year high, signaling robust global demand. The construction frenzy that has been boosting demand for the metal is likely to be spur by strong construction and manufacturing activities over the coming peak season.

Historically, Steel reached an all time high of 5366 in April of 2021. Steel - data, forecasts, historical chart - was last updated on April of 2021.

Steel is expected to trade at 4989.69 Yuan/MT by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 4079.91 in 12 months time.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Steel


Steel
Steel Rebar is mostly traded on the Shanghai Futures Exchange and London Metal Exchange. The standard future contract is 10 tons. Steel is one of the world’s most important materials used in construction, cars and all sorts of machines and appliances. By far the biggest producer of crude steel is China, followed by European Union, Japan, United States, India, Russia and South Korea. The steel prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our steel prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so.
Energy Price Day Weekly Monthly YTD Date
Crude Oil
USD/Bbl
63.2300 0.29 0.46% 3.06% 2.71% 30.32% Apr/28
Brent
USD/Bbl
66.7900 0.37 0.56% 2.25% 2.79% 28.94% Apr/28
Natural gas
USD/MMBtu
2.8700 0.00 -0.10% 6.61% 8.18% 13.04% Apr/28
Gasoline
USD/Gal
2.0305 0.01 0.50% 2.37% 1.77% 44.00% Apr/28
Heating oil
USD/Gal
1.9124 0.01 0.35% 3.17% 5.67% 28.87% Apr/28
Ethanol
USD/Gal
2.3300 0.13 5.96% 7.87% 23.61% 62.60% Apr/27
Naphtha
USD/T
556.02 2.30 0.42% 0.22% -2.98% 28.50% Apr/27
Propane
USD/Gal
0.81 0.00 0.38% 2.26% -11.75% 26.17% Apr/27
Uranium
USD/Lbs
29.0500 0.20 0.69% -0.34% -5.83% -5.37% Apr/27

Metals Price Day Weekly Monthly YTD Date
Gold
USD/t.oz
1,770.27 6.42 -0.36% -1.29% 3.40% -6.66% Apr/28
Silver
USD/t.oz
25.992 0.25 -0.95% -2.20% 5.36% -1.39% Apr/28
Platinum
USD/t.oz
1,217.12 11.54 -0.94% 0.27% 3.54% 14.18% Apr/28

Agricultural Price Day Weekly Monthly YTD Date
Soybeans
USd/Bu
1,537.0000 12.75 -0.82% 2.65% 10.34% 17.62% Apr/28
Wheat
USd/Bu
722.5000 11.25 -1.53% 7.32% 17.15% 12.80% Apr/28
Palm Oil
MYR/T
3,952.00 117.00 -2.88% 1.49% 5.47% 9.78% Apr/28
Cheese
USD/Lbs
1.7040 0.00 -0.12% -0.18% 6.30% 3.52% Apr/27
Milk
USD/CWT
17.64 0.02 -0.11% -0.23% 9.02% 11.65% Apr/27
Wool
AUD/100Kg
1,316.00 4.00 0.30% -0.15% 2.41% 12.38% Apr/27
Rice
USD/cwt
13.1350 0.09 -0.64% 2.30% -0.98% 7.31% Apr/27
Tea
USD/Kgs
2.72 0.00 0.00% 0.74% 0.00% -5.23% Apr/27
Cotton
USd/Lbs
88.90 1.04 1.18% 6.12% 10.45% 13.80% Apr/27
Sugar
USd/Lbs
17.94 0.77 4.48% 6.98% 20.24% 15.82% Apr/27
Coffee
USd/Lbs
144.35 2.60 1.83% 8.98% 13.62% 12.55% Apr/27
Orange Juice
USd/Lbs
111.65 0.05 0.04% 0.22% 0.36% -9.41% Apr/27
Lumber
USD/1000 board feet
1,420.50 0.00 0.00% 11.09% 47.17% 62.70% Apr/27
Canola
CAD/T
900.50 1.40 -0.16% 2.76% 19.08% 43.05% Apr/28
Rubber
JPY/Kg
228.30 1.50 -0.65% 2.79% -8.46% -15.07% Apr/28
Oat
USd/Bu
394.2500 9.25 -2.29% 0.64% 5.56% 9.29% Apr/28
Cocoa
USD/T
2,438.00 9.00 -0.37% 1.63% 0.08% -6.34% Apr/27
Corn
USd/BU
685.2500 10.25 -1.47% 9.55% 25.33% 41.58% Apr/28

Livestock Price Day Weekly Monthly YTD Date
Beef
BRL/Kg
20.38 0.00 0.00% -0.54% 1.44% 12.35% Apr/27
Poultry
BRL/Kgs
6.53 0.05 0.77% 0.77% -1.21% 8.65% Apr/27
Lean Hogs
USd/Lbs
109.8000 0.55 0.50% 1.60% 9.39% 56.24% Apr/27
Feeder Cattle
USd/Lbs
134.2000 1.45 1.09% -2.45% -8.75% -3.42% Apr/27
Live Cattle
USd/Lbs
118.3750 0.13 -0.11% -1.82% -2.15% 2.91% Apr/27

Industrial Price Day Weekly Monthly YTD Date
Copper
USD/Lbs
4.5100 0.06 1.34% 7.04% 11.59% 28.16% Apr/28
Lithium
CNY/T
90,000.00 0.00 0.00% 0.00% 5.88% 93.55% Apr/28
Bitumen
CNY/T
2,890.00 62.00 2.19% -2.43% 2.34% 21.33% Apr/27
Steel
CNY/T
5,366.00 30.00 0.56% 4.76% 10.66% 27.16% Apr/27
Cobalt
USD/T
46,450.00 0.00 0.00% -6.63% -8.92% 44.30% Apr/27
Lead
USD/T
2,067.00 11.50 0.56% 2.99% 7.03% 4.62% Apr/27
Nickel
USD/T
16,929.00 301.25 1.81% 5.88% 4.70% 2.27% Apr/27
Molybdenum
USD/Kg
27.00 0.00 0.00% 0.00% -3.74% 14.89% Apr/27
Iron Ore
USD/T
193.00 4.00 2.12% 4.32% 15.57% 21.77% Apr/27
Coal
USD/T
89.45 1.43 1.62% -1.87% 0.22% 10.13% Apr/27
Aluminum
USD/T
2,390.00 8.50 -0.35% 1.51% 6.22% 20.66% Apr/28
Tin
USD/T
27,052.50 77.50 -0.29% 0.92% 6.92% 33.17% Apr/28
Zinc
USD/T
2,899.00 30.00 -1.02% 3.30% 2.56% 5.38% Apr/28
Palladium
USD/t.oz
2,935.57 6.31 -0.21% 2.08% 16.09% 19.93% Apr/28
Rhodium
USD/t oz.
28,600.00 200.00 -0.69% -3.05% 6.32% 68.24% Apr/27
Manganese
CNY/T
30.75 0.00 0.00% 1.65% 1.65% -1.60% Apr/27
Soda Ash
CNY/T
1,752.00 0.00 0.00% 0.00% 0.92% 30.75% Apr/27
Neodymium
CNY/T
710,000.00 0.00 0.00% -4.05% -14.71% 14.06% Apr/27
Iron Ore 62% fe
USD/T
178.99 1.41 0.79% 0.25% 7.20% 14.86% Apr/27

Index Price Day Weekly Monthly YTD Date
CRB Index
Index Points
212.64 2.11 1.00% 3.26% 6.70% 19.27% Apr/27
LME Index
Index Points
4,153.50 29.40 0.71% 4.90% 8.51% 21.64% Apr/27
S&P GSCI
Index Points
2,410.89 19.92 0.83% 2.58% 5.78% 21.95% Apr/27