Commodity
|
Price
|
Price
Drivers
|
Steel
(05/08:
Monthly Data)
|
Source
|
Latest available movement
|
M-o-M%
|
Q-o-Q%
|
Y-o-Y%
|
MEPS
|
Global Steel
|
0.6%
|
-0.2%
|
5.3%
|
MEPS
|
North America Steel
|
1.5%
|
-1.4%
|
11.4%
|
MEPS
|
Europe Steel
|
-3.8%
|
-6.6%
|
-6.8%
|
MEPS
|
Asia Steel
|
0.5%
|
2.6%
|
-1.2%
|
MEPS
|
Global Stainless Steel – HRC Grade 304
|
0.3%
|
1.5%
|
-5.9%
|
MEPS
|
Global Stainless Steel – HRC Grade 316
|
1.5%
|
3.9%
|
-3.4%
|
SEIFSA (Table E-A)
|
South Africa: Domestic steel - Hot rolled
|
0.0%
|
0.0%
|
-3.2%
|
|
§
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
(29/08:
Bloomberg)
|
Brent Crude Oil $ 68.24 per
barrel↑
|
§
Economic instability
|
Exchange
rates:
(29/08: News
24, Reuters, XE.com Inc.)
|
ZAR/$ 17.71↓
ZAR/£ 23.91↑
ZAR/€ 20.66↑
|
AUD/$ 1.53↓
AUD/CN¥ 0.21↓
AUD/PGK 0.36↑
|
BRL/$ 5.41↓
CLP/$ 968.30↓
PEN/$ 3.54↓
|
§
Economic instability
|
Labour
§
South Africa (01/07)
§
Australia (2Q2025)
|
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 (2Q2025)
|
12.74% average
price increase
5.42% (PPI:
Manufacturing Input: Electricity)
|
§
Possible supply
shortages
|
Gold
(29/08: Bloomberg)
(29/08: ETSA
Calculations)
|
Gold $ 3 409.35/troy
ounce↑
Gold R 1 941 248.85/kilogram↑
|
§
Economic instability
|
Platinum
(29/08:
Bloomberg)
|
Platinum $ 1 354.16/troy
ounce↑
|
§
Economic instability
|
Silver
(29/08:
Bloomberg)
|
Silver $ 39.48/troy ounce↑
|
§
Economic instability
|
Palladium
(29/08:
Kitco)
|
Palladium $ 1 098.00/ounce↑
|
§
Economic instability
|
Rhodium
(29/08:
Kitco)
|
Rhodium $ 6 800.00/ounce↓
|
§
Economic instability
|
Uranium
(27/08: UxC:
Weekly Spot Price)
|
Uranium $ 73.95/pound↑
|
§
Economic instability
|
Aluminium
(29/08: LME)
|
Aluminium $ 2 614.50/tonne↓
|
§
USA
§
Global demand &
supply
|
Copper
(29/08: LME)
|
Copper $ 9 703.25/tonne↑
|
§
USA, China, Chile
§
Global demand
|
Lead
(29/08: LME)
|
Lead $ 1 943.50/tonne↓
|
§
Global demand & supply
§
Economic instability
|
Coal Richards
Bay
(29/08: ICE)
|
Coal $ 89.45/tonne↓
|
§
Global demand &
supply
§
Economic instability
|
Ammonia
(04/08:
Monthly Data)
|
Ammonia
(Arabian Gulf) $ 318.50/tonne↑
|
§
USA, China
§
Global demand &
supply
|
|
|
|
|
|