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Steel Price Forecasts

Energy & Metals Consensus Forecasts is the result of a comprehensive quarterly survey of over 30 of the world’s most prominent commodity forecasters covering over 25 individual commodity price forecasts including steel.

The only publication of its kind, Energy & Metals Consensus Forecasts contains detailed consensus and individual analyst price forecasts for the next 10 quarters as well as the long-term outlook.

Steel Price Forecasts Image

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). The steel price forecasts below are for US and North Europe hot rolled coil steel.

Hot Rolled Coil (USA) Forecasts From Survey of October 26, 2009
(US$/short ton)
Survey Date
Spot Price US$553.0/short ton
Dec 09 Mar 10 Jun
10
Sep 10 % Change from spot Dec 10 Mar 11 Jun 11 Sep 11 Dec 11
Morgan Stanley 661.0 750.0 750.0 750.0 35.6% Download the sample issue
IHS Global Insight 600.0 606.0 637.9 679.8 22.9% below to see the complete table
MEPS 550.0 560.0 600.0 620.0 12.1% of forecasts, price charts,
Deutsche Bank 515.0 601.0 601.0 601.0 8.7% and written analysis.
Macquarie Bank 551.9 589.7 567.0 567.0 2.5%
Consensus (Mean) 575.6 621.3 631.2 643.6 16.4%
High 661.0 750.0 750.0 750.0 -
Low 515.0 560.0 567.0 567.0 -
Standard Deviation 56.5 74.1 71.0 72.2 -

Hot Rolled Coil (North Europe, Domestic) Forecasts From Survey of October 26, 2009
(US$/metric tonne)
Survey Date
Spot Price US$611.0/metric tonne
Dec 09 Mar 10 Jun
10
Sep 10 % Change from spot Dec 10 Mar 11 Jun 11 Sep 11 Dec 11
IHS Global Insight 695.7 707.3 714.5 761.4 24.6% Download the sample issue
Morgan Stanley 647.0 729.0 729.0 729.0 19.3% below to see the complete table
MEPS 595.0 600.0 680.0 725.0 18.7% of forecasts, price charts,
Macquarie Bank 640.0 675.0 650.0 625.0 2.3% and written analysis.
BIPE 580.5 580.5 592.1 621.7 1.7%
Deutsche Bank 504.0 580.0 580.0 580.0 -5.1%
Econ Intelligence Unit 527.0 453.0 460.0 577.0 -5.6%
Consensus (Mean) 598.5 617.8 629.4 659.9 8.0%
High 695.7 729.0 729.0 761.4 -
Low 504.0 453.0 460.0 577.0 -
Standard Deviation 68.2 94.8 93.7 76.7 -

The tables above show a portion of steel price forecasts taken from the October 2009 issue of Energy & Metals Consensus Forecasts. A complete sample issue of the publication, which also includes forecasts for Iron Ore, as well as non-ferrous and precious metals, can be downloaded in PDF format by clicking the link below and registering your details.


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