MCI steel price forecasts 2024 2025 - rebar & hot rolled coil. logo

Steel price forecast for 2024 and 2025

steel price forecasts

Near-term price projections

Our forecast for average world hot rolled coil (HRC) and rebar prices in H2 2023 and in years 2024 and 2025 is as shown in the chart below.

steel pricing projections
Price figures show average world fob export prices for HRC and rebar in USD per metric tonne.

Individual steel price projections are available for purchase from MCI for US $250+VAT for rebar or for HRC.

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Note: buyers will receive a spreadsheet analysis showing historic and projected prices, including pricing projections (at global level) up to and including January 2027. This analysis will be sent by email within 24 hours of payment receipt. The $250 purchase price does not entitle customers to any insights into the workings of the MCI forecasting model itself. VAT will additionally be charged as appropriate.

For enquiries about this service (including our rebar & hot rolled coil steel price forecasts), please email

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