In June, the international steel price index (CRU) was 141.7 points, an increase of 2.4 points month-on-month, or an increase of 1.7%, from a decline to an increase from a month-on-month period; a year-on-year decrease of 20.1 points, or a decrease of 12.4%.
Steel prices in North America and Asia turned from falling to rising, while European steel prices continued to fall.
In June, the CRU North American Steel Price Index was 148.7 points, up 4.2 points month-on-month, or 2.9%, and rebounded for the first time after falling for three consecutive months; the US manufacturing PMI was 52.6%, an increase of 9.5 percentage points from the previous month, of which the production index rose by 24.1 Percentage point, the inventory index rose by 0.1 percentage point. At the end of June, the U.S. crude steel capacity utilization rate was 55.4%, an increase of 1.6 percentage points from May. In June, the ex-factory prices of main steel products in American Midwest steel mills, including steel bars, cold-rolled coils, and hot-dip galvanized sheets, rose from decline; the prices of medium and heavy plates and hot-rolled coils continued to decline.
