Global Rate of Steel and Mineral Products May 2024

‎In the past week, prices of steel and mineral products in the global market have been affected by various changes.
Coke coal prices rise in Australia in FOB form:‎
FOB coal prices in Australia have risen by $US4.24 a tonne in the past week‎
Increased cost of iron ore transportation:‎
The cost of transporting iron ore from Western Australia to China has also increased.‎
Slab prices fall in the Black Sea region:‎
Slab prices from the Black Sea region have fallen in FOB form‎
Prices fall in the Chinese market:‎
Rebar prices in Chinese warehouses have also fallen by 45.00 yuan a tonne‎

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