Supply and demand, cost of raw material, cost of freight, tariffs, world events (Wars, COVID etc), seasonality etc. Just about anything. History shows that China has the been the major driver of global steel prices over the last 20 years as they make up 50% of the global production and a large percentage of the demand. There is a few articles if you google.
Ann: BlueScope increases 2H FY2023 earnings guidance, page-23
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Last
$23.77 |
Change
-0.650(2.66%) |
Mkt cap ! $10.42B | |||
| Open | High | Low | Value | Volume |
| $24.00 | $24.31 | $23.61 | $43.31M | 1.819M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 76 | $23.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $23.79 | 5964 | 1 |
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| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| BSL (ASX) Chart |