Global Steel Price Forecasts 2025 2028: HRC & Rebar Outlook.

Steel price forecasts for 2025 - 2028

>Near-term price projections

Understanding future metal price trends is crucial for strategic business planning and investment decisions in the steel industry. As steel remains a fundamental material across construction, manufacturing, and infrastructure development, having reliable price forecasts helps companies make informed decisions about capital investments, procurement strategies, and market positioning.

The ability to anticipate metal product price movements enables stakeholders throughout the supply chain - from steel producers and distributors to end users - to better manage risk and to optimise their operations. This is particularly important given the steel industry's cyclical nature and its sensitivity to global economic conditions, trade policies, and evolving environmental regulations. Companies that can effectively integrate price forecasts into their planning processes are better positioned to navigate market uncertainties and maintain competitive advantages in an increasingly complex business environment.

Our forecast for average world hot rolled coil (HRC) and rebar prices in 2025 is as shown in the chart below. For longer-term price forecasts, see below.

Our 2026, 2027 and 2028 steel price forecasts are available for purchase from MCI. The projections apply to world rebar and hrc prices and are available in graphic and worksheet formats. [Buyers will receive both the image and the worksheet and an outline of the forecasting approach by email within 24 hours of purchase].

Price Forecast Packages

Our steel price projections are available in three packages. Purchases may be made online using PayPal.

• Forecast to end-2026, priced at $125.
• Forecast to end-2027, priced at $175.
• Forecast to end-2028, priced at $200.

What's Included

Each package provides:

• A small 600x370 pixel PNG chart showing projected price movements.
• An Excel worksheet with monthly price projections for HRC and rebar.
• A written report outlining the key market assumptions.

Email delivery is within 24 hours of purchase. All projected steel prices are shown as FOB export values in USD per metric tonne. VAT will be charged on UK purchases.

2026 FORECAST 2026-2027 PROJECTION 2026-2028 FORECAST

In case of queries, or to pay by bank transfer please email us at info@steelonthenet.com. Credit card payments can be taken on our payments page.

Long-Term Steel Price Outlook

For long term global pricing projections to 2040 or 2050 covering these or other steel products (including slab, billet, plate, hot rolled coil, CRC, HDG, sections, reinforcing bar, wire rod, seamless or welded tube) or steelmaking raw materials (thermal coal, metallurgical coal, iron ore, scrap, pig iron, DRI) please contact us.