The price of imported flat steel in South America continued to rise for almost a quarter, as Chinese materials were at high levels in March 2021 and April 2021 due to domestic market strength.
Iron ore prices rose in both futures and offshore markets on November 11th.
One of the most important challenges posed by the corona crisis around the world is the heavy economic impact it has had on the economies of industrialized nations.
The outcome of the US presidential election is so significant that it will affect the whole world, and in the current situation we live in a world where there is no country indifferent to the US election. Virtually all countries will be affected by the different scenarios of this election. Whatever the outcome, some countries will be positively affected by this outcome, and some will be affected, and practically stock exchanges in the world will grow and consequently fall.
The International Monetary Fund ( IMF ) is one of the most authoritative sources for announcing economic reports at the international level, which analyzes the situation of the world's financial and economic markets according to the program every year this month.
Adequate knowledge of this issue will significantly contribute to the analysis of gold, global currency, oil and steel price trends, as the United States and China are the two main players in the world economy in the field of commodity energy and global currency.
The price of hot rolled coils in the United States has returned to last year's highest level after reaching a peak of almost 16 months, supporting the continuation of high supply against the slow growth of demand.
US hot-rolled coil prices have hit a year-to-date high, thanks mostly to tight supply, Fastmarkets understands.
The steel industry directly employs about 1,50,000 people in the United States and directly / indirectly supports more than 1 million American jobs.
The carbon steel US plate price increased to highest level since mid-April on Friday October 2 after domestic mills announced price increases and mostly filled order books through October.