Natural gas prices - Henry Hub - steelmaking costs.
Natural Gas Prices, USA: 2015-2020.
Steelmaking input costs - natural gas
| Year | Month | Gas Price |
| 2015 | 1 | 2.97 |
| 2015 | 2 | 2.85 |
| 2015 | 3 | 2.8 |
| 2015 | 4 | 2.58 |
| 2015 | 5 | 2.84 |
| 2015 | 6 | 2.77 |
| 2015 | 7 | 2.83 |
| 2015 | 8 | 2.76 |
| 2015 | 9 | 2.65 |
| 2015 | 10 | 2.32 |
| 2015 | 11 | 2.08 |
| 2015 | 12 | 1.92 |
| 2016 | 1 | 2.27 |
| 2016 | 2 | 1.96 |
| 2016 | 3 | 1.7 |
| 2016 | 4 | 1.9 |
| 2016 | 5 | 1.92 |
| 2016 | 6 | 2.57 |
| 2016 | 7 | 2.79 |
| 2016 | 8 | 2.79 |
| 2016 | 9 | 2.97 |
| 2016 | 10 | 2.95 |
| 2016 | 11 | 2.5 |
| 2016 | 12 | 3.58 |
| 2017 | 1 | 3.26 |
| 2017 | 2 | 2.82 |
| 2017 | 3 | 2.87 |
| 2017 | 4 | 3.08 |
| 2017 | 5 | 3.12 |
| 2017 | 6 | 2.94 |
| 2017 | 7 | 2.96 |
| 2017 | 8 | 2.88 |
| 2017 | 9 | 2.96 |
| 2017 | 10 | 2.87 |
| 2017 | 11 | 2.99 |
| 2017 | 12 | 2.76 |
| 2018 | 1 | 3.88 |
| 2018 | 2 | 2.67 |
| 2018 | 3 | 2.69 |
| 2018 | 4 | 2.76 |
| 2018 | 5 | 2.78 |
| 2018 | 6 | 2.94 |
| 2018 | 7 | 2.8 |
| 2018 | 8 | 2.96 |
| 2018 | 9 | 3 |
| 2018 | 10 | 3.29 |
| 2018 | 11 | 4.14 |
| 2018 | 12 | 3.95 |
| 2019 | 1 | 3.08 |
| 2019 | 2 | 2.72 |
| 2019 | 3 | 2.94 |
| 2019 | 4 | 2.65 |
| 2019 | 5 | 2.63 |
| 2019 | 6 | 2.40 |
| 2019 | 7 | 2.36 |
| 2019 | 8 | 2.22 |
| 2019 | 9 | 2.58 |
| 2019 | 10 | 2.33 |
| 2019 | 11 | 2.65 |
| 2019 | 12 | 2.24 |
| 2020 | 1 | 2.03 |
| 2020 | 2 | 1.92 |
| 2020 | 3 | 1.79 |
| 2020 | 4 | 1.74 |
| 2020 | 5 | 1.75 |
| 2020 | 6 | 1.60 |
| 2020 | 7 | 1.72 |
| 2020 | 8 | 2.30 |
| 2020 | 9 | 1.92 |
| 2020 | 10 | 2.33 |
| 2020 | 11 | 2.58 |
| 2020 | 12 | 2.55 |
| 2021 | 1 | 2.66 |
| 2021 | 2 | 5.07 |
| 2021 | 3 | 2.56 |
| 2021 | 4 | 2.62 |
| 2021 | 5 | 2.89 |
| 2021 | 6 | 3.24 |
| 2021 | 7 | 3.79 |
| 2021 | 8 | 4.05 |
| 2021 | 9 | 5.11 |
Table last updated: 11th October 2021. Next update: ~ 10th November 2021.
Comment on recent commodity price trends
Note the very marked escalation in the cost of gas during Q1 2021. February 2021 saw a price rise of +141% compared to January 2021 prices. Prices recovered somewhat in Q2 2021, but are once again on a rising trend. The Henry Hub gas price today is more than 2.5x the level it was 12 months ago.
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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