Natural gas prices - Henry Hub - steelmaking costs.

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Natural Gas Prices, USA: 2015-2020.

Steelmaking input costs - natural gas


USA Natural Gas Prices (Henry Hub) in US dollars / BTU m
YearMonthGas Price
201512.97
201522.85
201532.8
201542.58
201552.84
201562.77
201572.83
201582.76
201592.65
2015102.32
2015112.08
2015121.92
201612.27
201621.96
201631.7
201641.9
201651.92
201662.57
201672.79
201682.79
201692.97
2016102.95
2016112.5
2016123.58
201713.26
201722.82
201732.87
201743.08
201753.12
201762.94
201772.96
201782.88
201792.96
2017102.87
2017112.99
2017122.76
201813.88
201822.67
201832.69
201842.76
201852.78
201862.94
201872.8
201882.96
201893
2018103.29
2018114.14
2018123.95
201913.08
201922.72
201932.94
201942.65
201952.63
201962.40
201972.36
201982.22
201992.58
2019102.33
2019112.65
2019122.24
202012.03
202021.92
202031.79
202041.74
202051.75
202061.60
202071.72
202082.30
202091.92
2020102.33
2020112.58
2020122.55
202112.66
202125.07
202132.56

Table last updated: 9th April 2021. Next update: ~ 10th May 2021.


Comment on recent commodity price trends

Note the very marked escalation in the cost of gas in recent weeks. February 2021 saw a price rise of +141% compared to January 2021 prices, but the price has now recovered to more normal levels.


Notes and definitions

Figures above are monthly natural gas spot prices [in US $ per million metric British Thermal Units] at the Henry Hub terminal in Louisiana, USA.

The Henry Hub is a distribution hub on the natural gas pipeline system that is owned by the Sabine Pipe Line LLC (a subsidiary of EnLink Midstream Partners LP who purchased the asset from Chevron Corporation in 2014). The Henry Hub is also the pricing point for natural gas futures contracts traded on the New York Mercantile Exchange (NYMEX) and the OTC swaps traded on the Intercontinental Exchange (ICE).

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