Tag: Global steel
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Global steel, raw material prices go further downhill in Jun’25
Global steel and raw material prices continued to dive in June 2025, with several commodities near or at intra-year lows. Chinese hot-rolled coil (HRC) export offers (monthly average, FOB Rizhao)hit a five-year low too. Seasonal market slowdowns, stemming from the arrival of the summer or monsoonor festive holidays, dampened demandin several regions. US tariffs on…