Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Base Year
Historical Year
Forecast Year
MS Channel prices are likely to experience notable depreciation in the short term. The market is being driven by the availability and market positioning of its feedstock materials, iron ore, coking coal, and steel. Since all these commodities are witnessing a weak market run, they are pulling the upstream outlook for the MS channel down as well. Concurrently, the downstream demands are also not looking very supportive from the construction and manufacturing industries. Therefore, the forecasted prices are looking down for MS channels in the global markets.
The recent market outlook has been trading weak in the international markets for MS Channels. In Beijing, coking coal futures dropped over 3% to a month-low in May '24 due to anticipated increases in supply from Shanxi, China's major coal-producing region. This decline was driven by predictions of increased production later in the year despite a significant output drop earlier. Concurrently, iron ore prices also fell, influenced by lower steel prices due to reduced coal costs, affecting steel-related futures on the Shanghai Futures Exchange. With a projected 1.7% drop in Chinese steel demand and stable output, Chinese exports are set to pressure global rebar prices further. Markets outside China, including Europe and Southeast Asia, are expected to remain well-supplied due to weak construction outlooks and increasing steel capacity, notably in India. Despite potential interest rate cuts by the European Central Bank, high costs and stringent sustainability requirements are dampening the European construction sector. Turkish steel mills, facing high interest rates and inflation, are operating at about 50% capacity, struggling with intense competition from Chinese and North African producers.
Domestic steel pricing outlook in India is expected to remain buoyant during the current fiscal year, bolstered by several key factors. Strong demand driven by pre-election spending, coupled with stable prices of coking coal and production adjustments in China amid a global economic slowdown, are pivotal in sustaining price levels. The domestic demand for steel looks stable, marking notable growth for the third consecutive year. This demand is further supported by an aggressive increase in infrastructure capital expenditure by the central government. However, the global sluggishness in the steel and construction sectors is reflected in the growing markets like India as well. Major producing countries like China are trying to balance the situation by curtailing their steel production to support domestic prices. In April 2024, global crude steel production fell by 5% year-over-year to 155.7 million tonnes, with China, the top producer, seeing a 7.2% decrease to 85.9 million tonnes. In contrast, India's production rose by 3.6% to 12.1 million tonnes. Despite these efforts, the downstream demands do not look very supportive of MS channel price forecasts in the current FY.
Gain a competitive edge with EMR's comprehensive price forecasting reports. Dive deep into the latest market dynamics and price outlook for your specific materials, ensuring you stay ahead of the curve with actionable insights and strategic foresight.
Accurate Data: Our reports are based on reliable data sources including primary interviews, government websites, and industry bodies.
Comprehensive Insights: We offer a holistic view of the market, considering all factors related to demand, supply, macroeconomic environment, and input costs.
Timely Updates: Reports are updated monthly, with options for quarterly or semi-annual subscriptions.
Expert Support: Our team of analysts is available for consultations and customized requirements.
Informed Procurement Decisions: Gain insights on when to buy and how to negotiate better, mitigating the impact of price volatility.
Competitive Advantage: Leverage our robust and time-tested forecasting methodology to stay ahead in the market.
Actionable Insights: Make better market decisions with detailed forecasts and analysis.
Our reports cover a wide range of commodities including chemicals (including speciality chemicals), metals, agricultural ingredients, and energy. Each report focuses on a specific commodity to provide detailed insights.
Our reports are updated monthly to provide the most current data and insights. Users can also subscribe to quarterly or semi-annual updates based on their needs.
We source our data through primary interviews with our supplier and trader network, government websites, industry bodies, and world trade data, ensuring accuracy and reliability.
Yes, we offer custom reports tailored to your specific needs. Please contact our support team for more information.
Our reports provide critical insights that help you anticipate market trends, optimize procurement strategies, and make informed investment decisions. This leads to better negotiation and timing in purchases, thereby reducing the impact of price volatility.
Clients can receive analyst support to answer specific questions related to the reports. Additionally, we offer services like risk management, category intelligence, should-cost models, and trade data analytics as part of our extended suite of offerings.
Pricing Plans
Purchase Full Report
Basic Report - One Time
USD 1499
tax inclusive*
Basic Report - Annual Subscription
USD 3499
tax inclusive*
Detailed Report - One Time
USD 3499
tax inclusive*
Detailed Report - Annual Subscription
USD 4999
tax inclusive*
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124