Steel Price Forecasts

The only publication of its kind, Energy & Metals Consensus Forecasts™ is the result of a comprehensive monthly survey of over 40 of the world’s most prominent commodity forecasters covering over 30 individual commodity price forecasts (list below, right), including steel. Subscribers to the soft copy of the publication will receive an accompanying Excel file featuring a full breakdown of the individual panellist and consensus forecasts for all commodities surveyed. Price forecasts from a recent survey can be viewed by downloading a sample issue below.

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Steel

Each publication contains detailed individual analyst and average (mean) price forecasts for the next 8 quarters, as well as the long-term outlook for the upcoming 10 year period. This is complemented with in-depth graphical and written analysis.

In addition, Energy and Metals Consensus Forecasts features a closer look at changes in the macroeconomic outlook in the world’s major economies, and a selection of currency forecasts taken from our Foreign Exchange Consensus Forecasts publication.

Energy and Metals Consensus Forecasts

The publication has many practical uses including commodity investment analysis, risk management, corporate planning, and budgeting. The commodities covered have been selected for their global appeal and traded on prominent futures markets such as the London Metal Exchange (LME), New York Mercantile Exchange (NYMEX) and InterContinental Exchange (ICE).

Forecast Coverage for Steel

Steel is classified as an alloy, made up mainly of iron and carbon. Steel is by far the most widely used material in construction and engineering industries and is common in modern appliances such as refrigerators and ovens. The forecasts featured in our publication are based on steel prices in the United States, China and Europe:

Hot Rolled Coil, US Domestic, fob.
Hot Rolled Coil, China (Domestic), fob.
Hot Rolled Coil, N. Europe (Domestic), fob, main ports in Germany, Netherlands and Belgium

Steel Price History

The chart below illustrates the trend in HRC steel prices (MEPS) since January 2011, measured in US$/metric tonne (US measured in short tons where 1 metric tonne = 1.1023 short tons).

Consensus Forecasts for Steel

The sample table below has been extracted from our September 2020 survey, showing individual and consensus price forecasts for Steel HRC - US. The publication includes forecasts for China and Europe HRC Steel, plus more than 30 other commodities. The accompanying Excel file includes individual panellist forecasts for all commodities featured in Energy and Metals Consensus Forecasts. US HRC Steel Consensus Price Forecasts

Steel and Coverage of Other Commodities