London Metal Exchange (LME) · GBP
| Market | Price (GBP/oz t) | Status |
|---|---|---|
|
London Metal Exchange
viewing
LME · GB
|
£0.0107
09 Jan
|
Closed |
|
Chicago Mercantile Exchange
CME · US
|
£0.0224
per oz t
|
Closed |
|
COMEX
COMEX · US
|
£0.0224
09 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.