Global steel prices

International steel prices continued to bottom out in August. During the reporting period, the 142.5 point Steel Home global steel benchmark price index fell by 3.5% month-on-month (increased decline) and 22.3% month-on-year (increased decline). Among them: flat material index 131.9 points, month on month down 5.5%(with the previous flat); long material index 157.5 points, month on month down 1.2%(decline expanded); Asian index 135.6 points, month on month down 1%(decline expanded). In Asia, China 128.2 points, down 1.8% on month (decline converging); Americas 193.6 points, down 6.1% on month (decline widening); Europe 132.9 points, down 6.3% on month (decline widening).
Global steel prices continue to bottom out across the market strength and weaknessInternational steel prices continued to bottom out in August. During the reporting period, the 142.5 point Steel Home global steel benchmark price index fell by 3.5% month-on-month (increased decline) and 22.3% month-on-year (increased decline). Among them: flat material index 131.9 points, month on month down 5.5%(with the previous flat); long material index 157.5 points, month on month down 1.2%(decline expanded); Asian index 135.6 points, month on month down 1%(decline expanded). In Asia, China 128.2 points, down 1.8% on month (decline converging); Americas 193.6 points, down 6.1% on month (decline widening); Europe 132.9 points, down 6.3% on month (decline widening).
Global steel prices continue to bottom out across the market strength and weakness
International steel prices continued to bottom out in August. During the reporting period, the 142.5 point Steel Home global steel benchmark price index fell by 3.5% month-on-month (increased decline) and 22.3% month-on-year (increased decline). Among them: flat material index 131.9 points, month on month down 5.5%(with the previous flat); long material index 157.5 points, month on month down 1.2%(decline expanded); Asian in