Global steel and raw material prices showed mixed trends m-o-m in February 2026, as the Chinese New Year (15-23 February) and Ramadan (18 February-20 March) slowed down trading activity in key regions and commodities. Among raw materials, iron ore prices plunged, while tight supply continued to propel coking coal and scrap higher, leading to mixed trends in input costs. Meanwhile, steel prices also showed contrasting movements, though demand was largely muted across most regions.
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