|
Commodity
|
Price
|
Price
Drivers
|
|
Steel
(23/06:
Monthly Data)
|
|
Source
|
Latest available movement
|
M-o-M%
|
Q-o-Q%
|
Y-o-Y%
|
|
MEPS
|
Global Steel
|
3.7%
|
7.9%
|
12.4%
|
|
MEPS
|
North America Steel
|
2.5%
|
5.7%
|
15.0%
|
|
MEPS
|
Europe Steel
|
2.5%
|
11.7%
|
11.8%
|
|
MEPS
|
Asia Steel
|
4.9%
|
7.4%
|
2.5%
|
|
MEPS
|
Global Stainless Steel – HRC Grade 304
|
2.2%
|
5.0%
|
14.2%
|
|
MEPS
|
Global Stainless Steel – HRC Grade 316
|
2.5%
|
6.9%
|
17.4%
|
|
SEIFSA (Table E-A)
|
South Africa: Domestic steel - Hot rolled
|
0.0%
|
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
(08/07:
Bloomberg)
|
Brent Crude Oil $ 76.29 per
barrel↑
|
§
Economic instability
|
|
Exchange
rates:
(08/07: News
24, Reuters, XE.com Inc.)
|
ZAR/$ 16.27↑
ZAR/£ 21.72↑
ZAR/€ 18.57↑
|
AUD/$ 1.44↑
AUD/CN¥ 0.21↑
AUD/PGK 0.33↑
|
BRL/$ 5.17↓
CLP/$ 927.17↓
PEN/$ 3.41↓
|
§
Economic instability
|
|
Labour
§
South Africa (01/07)
§
Australia (1Q2026)
|
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 (1Q2026)
|
8.76% average
price increase
-2.56% (PPI:
Manufacturing Input: Electricity)
|
§
Possible supply
shortages
|
|
Gold
(08/07: Bloomberg)
(08/07: ETSA
Calculations)
|
Gold $ 4 126.95/troy
ounce↑
Gold R 2 158 777.20/kilogram↑
|
§
Economic instability
|
|
Platinum
(08/07:
Bloomberg)
|
Platinum $ 1 638.66/troy
ounce↑
|
§
Economic instability
|
|
Silver
(08/07:
Bloomberg)
|
Silver $ 61.36/troy ounce↑
|
§
Economic instability
|
|
Palladium
(08/07:
Kitco)
|
Palladium $ 1 252.00/ounce↑
|
§
Economic instability
|
|
Rhodium
(08/07:
Kitco)
|
Rhodium $ 7 925.00/ounce↑
|
§
Economic instability
|
|
Uranium
(08/07: UxC:
Weekly Spot Price)
|
Uranium $ 84.95/pound↑
|
§
Economic instability
|
|
Aluminium
(08/07: LME)
|
Aluminium $ 3 118.50/tonne↑
|
§
USA
§
Global demand &
supply
|
|
Copper
(08/07: LME)
|
Copper $ 13 308.00/tonne↑
Copper $ 6.04/lb↑
|
§
USA, China, Chile
§
Global demand
|
|
Lead
(08/07: LME)
|
Lead $ 1 848.50/tonne↓
|
§
Global demand & supply
§
Economic instability
|
|
Coal Richards
Bay
(08/07: ICE)
|
Coal $ 106.45/tonne↑
|
§ Global demand & supply
§
Economic instability
|
|
Iron Ore 62% Fe
(08/07: CFR)
|
Iron Ore $ 98.02/tonne↓
|
§
Global demand & supply
§
Economic instability
|
|
Ammonia
(02/07:
Monthly Data)
|
Ammonia
(Arabian Gulf) $ 650.00/tonne→
|
§
USA, China
§
Global demand &
supply
|
|
|
|
|
|