Steel rods

Steel (Europe) Price Outlook

Steel prices continued their downward trend in recent weeks, as high mill prices weighed on demand from the spot market. Moreover, ongoing chip shortages subdued demand from the automotive industry. Hot-rolled coil European steel traded at USD 1,249 per metric ton on 7 October, which was down 6.1% from the same day last month. However, the price was 54.8% higher on a year-to-date basis and was up 116.1% from the same day last year.

Steel Price History Data (USD per metric ton, aop)

2015  2016  2017  2018  2019  
Steel (Europe) 422.1  455.12  601.75  649.12  530.28  

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Price forecasts and historical data for Energy, Metals and Agricultural Commodities.

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Steel (Europe) Historical Price Chart


Steel (Europe) historical price chart
Note: Hot-Rolled Coil (HRC) Steel - Europe, prices in USD per metric ton (mt). Daily prices.

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Price forecasts and historical data for Energy, Metals and Agricultural Commodities

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