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2021 Steel Price Forecast General SteelSteel is a global commodity, and its price varies daily based on a variety of factors. From supply and demand to the strength of the American dollar, seasonality to global pandemics, these factors and more combine to determine the price of steel for manufacturers, buyers, and consumers.
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Steel Price Forecast and Market Outlook IHS MarkitIt dropped to $440 for the second quarter and briefly approached $420. By late December 2020, Chinese HRC price reached $775 (an 85% increase) but quickly retreated 10%. European HRC was at $506 in the fourth quarter of 2019, stayed below $450 over much of
But there are signs the astonishing uptrend in steel may finally be losing steam. Steel Market Update (SMU) canvassed the market Feb. 8-9, and results revealed the benchmark price for hot-rolled steel at a new record high of $1,180/ton ($59/cwt) (see Figure 1 ). Prices Pirate Pipe & Tubular - OCTG Steel Pipe - Boerne, TXWelcome to Pirate Pipe & Tubular! We make it our mission to provide top quality Steel Pipe at a competitive price, all while building a relationship of trust with our customers. We deal in New API, Secondary, Used and Structural Steel Tubing and Casing, ranging from 2 3/8 to 13 3/8.