Market Intelligence
Metals & Minerals
Benchmark indications and regional balances across steel, base metals, and ores.
AI Executive Summary
Metals & Minerals prices are rising +0.4% MoM (+6.4% YoY) with low volatility. Supply tightening; demand firm.
Indicative Price
538 USD / MT
Benchmark: Steel Billet
Month-over-Month
+0.4%
Year-over-Year
+6.4%
Trend
Rising
Supply Status
Tightening
Demand Status
Firm
Freight Status
Stable
Market Risk
Low
Select product
Indicative Price
538 USD / MT
Month-on-Month
+0.4%
Year-on-Year
+7.5%
Trend
Rising
12-Month Price Trend
Last 12 monthsRegional Comparison
| Region | Indicative Price |
|---|---|
| Middle East | 534 USD / MT |
| East Asia | 551 USD / MT |
| South Asia | 524 USD / MT |
| Europe | 561 USD / MT |
Supply vs Demand
Indicative ModelFreight Trend
Indicative ModelTrend: Stable
Regional Comparison
Risk Heatmap
Indicative Model- Supply RiskElevated
- Demand RiskElevated
- Freight RiskLow
- Regulatory RiskModerate
- Financial RiskLow
AI Forecast
Neutral30-Day Outlook
Near-term outlook: range-bound; limited directional bias.
90-Day Outlook
Medium-term outlook: range-bound; limited directional bias.
Indicative, model-based outlook only — not investment or trading advice.
AI Market Commentary
Market News
Steel long products hold on firm construction demand
Billet and rebar indications were stable as regional construction demand persisted.
NEP Seed · 2026-06-07
Last updated: 2026-06-22