Steel prices are expected to rise5 July 2023 – Steel prices are expected to rise again soon. This is the increasing opinion of analysts. In addition, the Chinese steel province of Tangshan is now imposing production restrictions of 50% to counter air pollution. Competition between high grade, low grade and stainless steel scrap is growing, which is likely to lead to rising raw material prices. And Indonesia is increasingly criticised for massively increased CO2 emissions and trade restrictions. Source