CRISIL Ratings predicts that global steel prices (free-on-board, China) will stabilize in 2023 after experiencing a 40% decline from the peak in early April 2022. In December 2022, the prices fell to £570-590 per tonne due to weak steel demand.
CRISIL Ratings predicts that global steel prices (free-on-board, China) will stabilize in 2023 after experiencing a 40% decline from the peak in early April 2022. In December 2022, the prices fell to £570-590 per tonne due to weak steel demand.