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World Steel Price 2000 to 2004
The year 2001 saw a continued drop in steel
price, especially for plate, cold rolled coil and medium section, with which the
price dropped about 15%. This came with the worldwide economic downturn.
Starting from the early 2002, the steel prices were in a quick recovery. Hot
rolled coil reached about 350 US $/ton at January 2004 from a price of about 250
US $/ton at the early 2002.
Fig. 1: World steel price from Jan. 2001 to Jan.
2004
The prices of selected steels in the Europe in
the mean time are listed in the Table 1. The data is presented on quart basis.
Table 1: European Transaction Price Index
| |
|
Coil_hot |
Plate |
Coil_cold |
SS 304 CR Steel |
Medium Sections & Beams |
|
2001 |
Quart 1 |
103.7 |
123.0 |
108.3 |
99.3 |
107.0 |
|
|
Quart 2 |
105.2 |
122.0 |
101.2 |
94.4 |
106.4 |
|
|
Quart 3 |
104.8 |
118.9 |
95.9 |
100.5 |
106.1 |
|
|
Quart 4 |
98.0 |
112.5 |
92.0 |
100.3 |
105.4 |
|
2002 |
Quart 1 |
93.1 |
109.4 |
89.4 |
99.9 |
104.9 |
|
|
Quart 2 |
105.7 |
111.7 |
97.2 |
105.1 |
105.2 |
|
|
Quart 3 |
114.1 |
111.1 |
102.9 |
104.8 |
105.5 |
|
|
Quart 4 |
121.4 |
109.6 |
107.4 |
104.9 |
103.6 |
|
2003 |
Quart 1 |
126.7 |
113.3 |
111.7 |
103.7 |
105.2 |
|
|
Quart 2 |
125.0 |
118.6 |
112.6 |
102.8 |
106.1 |
|
|
Quart 3 |
115.8 |
118.9 |
109.1 |
102.3 |
106.1 |
|
|
Quart 4 |
115.7 |
122.9 |
107.6 |
100.8 |
106.3 |
Price Index: Jan 1997=100
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