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Energy Insider: Steel Prices Rise as Production Limits Tighten

Published: Sep. 14, 2021 1:31 a.m. GMT+8

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Steel prices rise as localities tighten output limits

East China’s Jiangsu province restricted steel production amid a nationwide campaign to reduce energy consumption and pollution, leading to a surge in steel prices last week. Despite weaker-than-expected demand from construction, steel prices are expected to continue rising, according to industry information portal Mysteel.com.

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