Steel Price 2024 Forecast. According to eurofer’s latest economic and steel market outlook, apparent steel consumption will not recover in 2024 as previously projected (+1.4%) but is instead expected to experience another recession (. Production for the week ending november 9, 2024 is up 1.2% from the previous week ending november 2, 2024 when production was 1,629,000 net tons and the rate of capability.
Trading economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and. Hrc steel decreased 416.94 usd/t or 38.15% since the beginning of 2024, according to trading on a contract for difference (cfd) that tracks the benchmark market for this commodity.