Steel Price Trends (2020-2025)

sreeramspf
Jan 23
1 min read

🌍 Steel Market Trends Over the Last Five Years 📉📈 #steel #market #price #RawMaterils #production

The steel market has witnessed significant fluctuations over the past five years, driven by global events, demand-supply dynamics, and sustainability efforts. #SteelIndustry #MarketTrends #Sustainability

🔎 Below is a chart highlighting steel price movements over this period #fabrication #price #steel #business #procurement #greensteel #supplychain

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Key Highlights:

2020-2021: Prices dropped initially during the pandemic but soared to record highs in 2021 due to supply chain constraints.
2022-2024: Prices stabilized as economies adjusted and production normalized.
2025: Early indications show a slight decline, with market stabilization expected by mid-year.

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