|
Commodity
|
Price
|
Price
Drivers
|
|
Steel
(24/03:
Monthly Data)
|
|
Source
|
Latest available movement
|
M-o-M%
|
Q-o-Q%
|
Y-o-Y%
|
|
MEPS
|
Global Steel
|
2.0%
|
6.6%
|
13.2%
|
|
MEPS
|
North America Steel
|
1.3%
|
8.9%
|
18.8%
|
|
MEPS
|
Europe Steel
|
2.8%
|
5.5%
|
2.8%
|
|
MEPS
|
Asia Steel
|
1.5%
|
0.3%
|
-1.8%
|
|
MEPS
|
Global Stainless Steel – HRC Grade 304
|
5.7%
|
8.4%
|
11.5%
|
|
MEPS
|
Global Stainless Steel – HRC Grade 316
|
5.1%
|
5.5%
|
12.3%
|
|
SEIFSA (Table E-A)
|
South Africa: Domestic steel - Hot rolled
|
0.0%
|
0.0%
|
0.2%
|
|
§
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
(07/04:
Bloomberg)
|
Brent Crude Oil $ 111.09 per
barrel↑
|
§
Economic instability
|
|
Exchange
rates:
(07/04: News
24, Reuters, XE.com Inc.)
|
ZAR/$ 16.89↓
ZAR/£ 22.35↓
ZAR/€ 19.48↓
|
AUD/$ 1.45↑
AUD/CN¥ 0.21↑
AUD/PGK 0.33↑
|
BRL/$ 5.14↑
CLP/$ 916.37↓
PEN/$ 3.43↑
|
§
Economic instability
|
|
Labour
§
South Africa (01/07)
§
Australia (3Q2025)
|
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)
|
12.74% average
price increase
-2.65% (PPI:
Manufacturing Input: Electricity)
|
§
Possible supply
shortages
|
|
Gold
(07/04: Bloomberg)
(07/04: ETSA
Calculations)
|
Gold $ 4 655.62/troy
ounce↓
Gold R 2 528 123.22/kilogram↓
|
§
Economic instability
|
|
Platinum
(07/04:
Bloomberg)
|
Platinum $ 1 973.82/troy
ounce↑
|
§
Economic instability
|
|
Silver
(07/04:
Bloomberg)
|
Silver $ 73.09/troy ounce↑
|
§
Economic instability
|
|
Palladium
(07/04:
Kitco)
|
Palladium $ 1 465.00/ounce↑
|
§
Economic instability
|
|
Rhodium
(07/04:
Kitco)
|
Rhodium $ 9 300.00/ounce→
|
§
Economic instability
|
|
Uranium
(01/04: UxC:
Weekly Spot Price)
|
Uranium $ 84.00/pound↑
|
§
Economic instability
|
|
Aluminium
(07/04: LME)
|
Aluminium $ 3 504.75/tonne↓
|
§
USA
§
Global demand &
supply
|
|
Copper
(07/04: LME)
|
Copper $ 12 146.50/tonne↓
Copper $ 5.51/lb↓
|
§
USA, China, Chile
§
Global demand
|
|
Lead
(07/04: LME)
|
Lead $ 1 892.75/tonne↑
|
§
Global demand & supply
§
Economic instability
|
|
Coal Richards
Bay
(07/04: ICE)
|
Coal $ 107.25/tonne↑
|
§ Global demand & supply
§
Economic instability
|
|
Iron Ore 62% Fe
(07/04: CFR)
|
Iron Ore $ 107.97/tonne↑
|
§
Global demand & supply
§
Economic instability
|
|
Ammonia
(01/04:
Monthly Data)
|
Ammonia
(Arabian Gulf) $ 537.50/tonne↑
|
§
USA, China
§
Global demand &
supply
|
|
|
|
|
|