|
Commodity
|
Price
|
Price
Drivers
|
|
Steel
(13/05:
Monthly Data)
|
|
Source
|
Latest available movement
|
M-o-M%
|
Q-o-Q%
|
Y-o-Y%
|
|
MEPS
|
Global Steel
|
2.2%
|
6.2%
|
7.8%
|
|
MEPS
|
North America Steel
|
1.2%
|
4.4%
|
9.5%
|
|
MEPS
|
Europe Steel
|
5.7%
|
12.0%
|
8.4%
|
|
MEPS
|
Asia Steel
|
1.3%
|
3.9%
|
-1.7%
|
|
MEPS
|
Global Stainless Steel – HRC Grade 304
|
0.3%
|
8.5%
|
10.4%
|
|
MEPS
|
Global Stainless Steel – HRC Grade 316
|
0.4%
|
9.6%
|
13.8%
|
|
SEIFSA (Table E-A)
|
South Africa: Domestic steel - Hot rolled
|
1.6%
|
5.5%
|
5.7%
|
|
§
Iron-ore
§
Nickel
§
China
§
India
§
Steel consumption
increases when economies are growing, as governments invest in infrastructure
and transport, and build new factories and houses.
|
|
Brent Crude
Oil
(22/05:
Bloomberg)
|
Brent Crude Oil $ 104.62 per
barrel↓
|
§
Economic instability
|
|
Exchange
rates:
(22/05: News
24, Reuters, XE.com Inc.)
|
ZAR/$ 16.45↑
ZAR/£ 22.09↑
ZAR/€ 19.10↑
|
AUD/$ 1.40↑
AUD/CN¥ 0.21↑
AUD/PGK 0.32↑
|
BRL/$ 5.01↓
CLP/$ 899.30↓
PEN/$ 3.41↑
|
§
Economic instability
|
|
Labour
§
South Africa (01/07)
§
Australia (4Q2025)
|
5.5% average wage increase
3.3% (Labour cost: Total
hourly rates of pay excl. bonuses: Private: All industries)
|
§
Strikes & Wage disputes
|
|
Electricity
§
South Africa
(Eskom)
§
Australia (4Q2025)
|
8.76% average
price increase
-2.65% (PPI:
Manufacturing Input: Electricity)
|
§
Possible supply
shortages
|
|
Gold
(22/05: Bloomberg)
(22/05: ETSA
Calculations)
|
Gold $ 4 532.35/troy
ounce↑
Gold R 2 397 068.28/kilogram↓
|
§
Economic instability
|
|
Platinum
(22/05:
Bloomberg)
|
Platinum $ 1 961.43/troy
ounce↑
|
§
Economic instability
|
|
Silver
(22/05:
Bloomberg)
|
Silver $ 77.28/troy ounce↑
|
§
Economic instability
|
|
Palladium
(22/05:
Kitco)
|
Palladium $ 1 357.00/ounce↓
|
§
Economic instability
|
|
Rhodium
(22/05:
Kitco)
|
Rhodium $ 9 150.00/ounce↓
|
§
Economic instability
|
|
Uranium
(20/05: UxC:
Weekly Spot Price)
|
Uranium $ 85.10/pound↓
|
§
Economic instability
|
|
Aluminium
(22/05: LME)
|
Aluminium $ 3 719.00/tonne↑
|
§
USA
§
Global demand &
supply
|
|
Copper
(22/05: LME)
|
Copper $ 13 426.50/tonne↑
Copper $ 6.09/lb↑
|
§
USA, China, Chile
§
Global demand
|
|
Lead
(22/05: LME)
|
Lead $ 1 996.00/tonne↑
|
§
Global demand & supply
§
Economic instability
|
|
Coal Richards
Bay
(22/05: ICE)
|
Coal $ 119.00/tonne↑
|
§ Global demand & supply
§
Economic instability
|
|
Iron Ore 62% Fe
(22/05: CFR)
|
Iron Ore $ 109.79/tonne↓
|
§
Global demand & supply
§
Economic instability
|
|
Ammonia
(05/05:
Monthly Data)
|
Ammonia
(Arabian Gulf) $ 650.00/tonne↑
|
§
USA, China
§
Global demand &
supply
|
|
|
|
|
|