Tag: Global iron & steel prices snapshot (Jan’24-May’25)

Global steel and raw material prices largely declined in May 2025, as mounting Chinese steel exports (up 10% y-o-y and 1% m-o-m to a seven-month high of 10.6 mnt) led to a demand contraction across various commodities and regions. May marked the third consecutive month in which Chinas exports exceeded 10 million tonnes (mnt). Moreover,…