Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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March 2019 | Galvanized Steel and Tinplate Market Tracker

Prices up but increases unlikely to be sustained: Latest analysis

Recently-announced tax cuts and some stimulus measures in China have helped to improve sentiment there so far this year but the government has so far withheld from increasing spending to the degree that it has done during previous slowdowns.

Prices up but increases unlikely to be sustained
Steel prices are up in most regions of the world this month as steelmakers have succeeded in passing on rising raw material costs and have been able to take advantage in a slight pick-up in demand following the Chinese New Year festivities that took place in February.

The positive momentum may be short-lived, however. Wider...


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