COMEX (COMEX) · USD
| Market | Price (USD/oz t) | Status |
|---|---|---|
|
London Metal Exchange
LME · GB
|
$0.0144
per oz t
|
Open |
|
Chicago Mercantile Exchange
CME · US
|
$0.02986
per oz t
|
Open |
|
COMEX
viewing
COMEX · US
|
$0.0299
08 Jan
|
Closed |
Steel is an alloy of iron and carbon and a foundational industrial material used in construction, automotive manufacturing, machinery, infrastructure and appliances. As a key barometer of manufacturing and construction activity, steel prices are driven by input costs (iron ore, coking coal, scrap), production capacity and utilization, freight and energy costs, trade policy and tariffs, and cyclical demand patterns.