Where to Access Historical Daily and Weekly Steel Price Data for Long and Flat Products in South Africa

3 min read

For industry professionals, investors, and analysts, having access to historical steel price data is crucial for making informed decisions. If you’re looking for reliable sources of daily and weekly historical steel prices for long and flat products in South Africa, this article will guide you to the best resources. We’ll cover where to find this data, how it’s presented, and why it’s essential for market analysis.

1. South African Iron and Steel Institute (SAISI)

The South African Iron and Steel Institute (SAISI) is a key resource for steel market data in the region. While primarily focused on industry reports, SAISI provides valuable insights and publications that often include historical price trends for steel products.

  • Website: saisi.org
  • What to Expect: Access to industry reports and market insights, including price trends for long and flat steel products.

2. SteelMint

SteelMint is a well-known platform that tracks steel prices globally, including South Africa. It provides comprehensive data on steel prices, including daily and weekly updates for both long and flat products.

  • Website: steelmint.com
  • What to Expect: A subscription-based service offering detailed historical price data, market reports, and analysis tailored to the steel industry.

3. Trading Economics

Trading Economics is a global platform that provides data on various commodities, including steel. It offers historical price data for South Africa, making it a useful resource for tracking trends over time.

  • Website: tradingeconomics.com
  • What to Expect: Free access to a range of economic indicators and steel prices with options to purchase more detailed historical data.

4. MEPS International Ltd.

MEPS International Ltd. is a respected source for steel price data, offering detailed information on both long and flat products. They provide historical data as part of their subscription service, which can be invaluable for market analysis.

  • Website: meps.co.uk
  • What to Expect: Detailed historical and forecasted steel price data, available through subscription. Ideal for industry professionals needing in-depth analysis.
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5. Market Insider (Investing.com)

Investing.com’s Market Insider section provides comprehensive market data, including steel prices. It covers various global markets, including South Africa, and offers historical data that can be accessed for free.

  • Website: investing.com
  • What to Expect: Free access to a wide range of market data, including historical steel prices for both long and flat products.

6. Metal Bulletin (Fastmarkets)

Metal Bulletin, now part of Fastmarkets, is a premium resource for metals and mining data. It offers extensive historical data on steel prices, including daily and weekly updates, for both long and flat products in South Africa.

  • Website: fastmarkets.com
  • What to Expect: Comprehensive historical data and real-time market analysis available through a subscription service.

Why Historical Steel Price Data Matters

Having access to historical steel price data is crucial for:

  • Market Analysis: Understanding past trends helps predict future price movements and market conditions.
  • Budgeting and Forecasting: Companies can better plan their budgets and forecasts with accurate historical data.
  • Investment Decisions: Investors use historical data to assess market performance and make informed investment choices.

Conclusion

Finding reliable historical steel price data for long and flat products in South Africa is essential for staying competitive in the market. Whether you’re an industry professional, analyst, or investor, the resources mentioned above will provide you with the comprehensive data you need. From free access platforms like Trading Economics and Investing.com to premium services like SteelMint and Fastmarkets, you have a variety of options to choose from based on your needs.

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