Steel HRC (Saudi Arabia) Prices

October 23, 2025

Why are Steel HRC (Saudi Arabia) Prices so high?

##-##-#### - Steel HRC (Saudi Arabia) prices decreased by $##.# to $###.#/t from $###.#/t at the start of the month. The high was $###.#/t on ##rd Sep, with the low at $###.#/t on #th Oct.

Our one month forecast for Steel HRC (Saudi Arabia) is $###.#/t, a slight decrease of $#.#/t or -#.#% from the latest price. Our analysis suggests a balanced market risk around this forecast.

Our current forecast indicates that Demand data has the most significant impact, reducing the price forecast by $#.## per tonne. Specifically, the Global Economy family within the Demand data type contributes to this decrease. Overall, all types of data, including Demand, Flows, and Technical, align in signaling downward price pressure. This consensus suggests a bearish outlook for the raw material.

What is the current / spot price of Steel HRC (Saudi Arabia)?

Steel HRC (Saudi Arabia) Price Today

October 23, 2025

Current Price

What is the forecast for the price of Steel HRC (Saudi Arabia)?

Steel HRC (Saudi Arabia) Price Forecast

October 23, 2025

1 Month Forecast

1 Year Forecast

What are the short-term drivers of Steel HRC (Saudi Arabia) prices?

What are the long-term drivers of Steel HRC (Saudi Arabia) prices?

Over the 1 Month horizon the outlook is moderately bearish due to drivers such as: - Steel Products exports from Korea - Steel exports from China - Steel Products imports to Japan - Seasonality trends for the prediction week of year Br(None) The top contrary drivers for the 1 Month horizon are: - Short term price trends

Over the 1 Year horizon the outlook is bullish due to drivers such as: - Long term price trends - Short term price trends - Movements in the Euro Br(None) The top contrary drivers for the 1 Year horizon are: - Seasonality trends for the prediction month of year