Trenddiagram för stålprisindex (CSPI).

Steel prices are likely to be "much higher" in the coming years compared to recent levels, the chief executive of a major Indian steelmaker has predicted.

Tata Steel Chief Executive TV Narendran sa nyligen att det genomsnittliga priset på varmvalsat stål under de senaste åren har varit runt 400 eller 450 per ton. Han förutspår att det långsiktiga-genomsnittet i framtiden kan överstiga 600.

Narendran explained that the steel market is going through a number of changes, including rising costs and China's changing role in the market. At its peak, China exported more steel than India produced.He added that China's steel exports have since halved to about 60 million tonnes a year and are likely to fall further as China pursues its net-zero carbon emissions target.

In January 2022, the crude steel output of the 64 countries included in the statistics of the World Steel Association was 155.0 million tons, a year-on-year decrease of 6.1 percent .The world's steel production is declining.

On the supply side, input costs are at "all-time highs" due to rising coal prices.Both coal and iron ore are raw materials for steel production. Steel prices could also be pushed up by rising carbon costs in Europe.As a result, the world's steel demand will be in a situation of "in short supply". In addition, due to the impact of the epidemic, there is no doubt that the price of steel will continue to rise.

China Steel Price Index (CSPI) Trenddiagram

Enligt Iron and Steel Associations övervakning var China Steel Price Index (CSPI) i slutet av januari 132,98 punkter, en ökning med 1,28 punkter, eller 0,97 procent , från slutet av december 2021, och ökningen månad-på-månad vändes från en minskning till en ökning; en år-till-ökning med 10,26 poäng, en ökning med 8,36 procent . Figuren visar att stålpriserna är på uppgång.