Global Commodity Prices Rose Sharply Early This Year
Iron ore prices rose by a good $4 per month on average. In Europe, prices for hot-rolled wide strip (+1 %) and for galvanised sheets (+0.3 %) remained almost stable. On the other hand, wire rod saw an increase of 8 %. However, it is unlikely to maintain its level. Trend: By the end of Q1 2018, steel prices will move sideways and wire rod has potential for correction downwards. Slightly lower prices should result for scrap in February.
(Picture: siehe Grafik)
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:quality(80)/images.vogel.de/vogelonline/bdb/1964600/1964693/original.jpg "KS HUAYU expands its portfolio of e-mobility products.")
:quality(80)/images.vogel.de/vogelonline/bdb/1964000/1964053/original.jpg "Bocar Group and GF Casting Solutions have signed an agreement to enter into a global cooperation.")
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:quality(80)/images.vogel.de/vogelonline/bdb/1936300/1936385/original.jpg "Sustainability is becoming increasingly important for the die casting industry.")
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:quality(80)/images.vogel.de/vogelonline/bdb/1925400/1925402/original.jpg "With the ever-present need for cost-optimization, the manufacture of ever more complex components, improvements in productivity and better output quality, companies need to be innovative and stay ahead of the competition.")
:quality(80)/images.vogel.de/vogelonline/bdb/1923100/1923160/original.jpg "\"Built for space,\" the NXG Xll 600 surpasses the volume and speed of industry benchmark technology and brings true serial production to space components.")
:quality(80)/images.vogel.de/vogelonline/bdb/1959100/1959177/original.jpg "The RM1350/2 ripper is designed for large parts up to complete body structure components in automotive manufacturing.")
:quality(80)/images.vogel.de/vogelonline/bdb/1956900/1956962/original.jpg "Chem-Trend celebrates the 10-year anniversary of HERA™ Release Agents")
:quality(80)/images.vogel.de/vogelonline/bdb/1958900/1958937/original.jpg "The EJOT ALtra CALC® program was developed especially for the prediction of direct screw connections in light metal.")
/cdn4.vogel.de/infinity/white.jpg "Iron ore prices rose by a good $4 per month on average. In Europe, prices for hot-rolled wide strip (+1 %) and for galvanised sheets (+0.3 %) remained almost stable. On the other hand, wire rod saw an increase of 8 %. However, it is unlikely to maintain its level. Trend: By the end of Q1 2018, steel prices will move sideways and wire rod has potential for correction downwards. Slightly lower prices should result for scrap in February.")
