Why are Steel HRC (UAE) Prices so high?
##-##-#### - Steel HRC (UAE) prices fell by #.#% from $###.#/t on ##rd September to $###.#/t on ##rd October. The month saw a high of $###.#/t at the start and a low of $###.#/t on ##th September.
Our one month forecast for Steel HRC (UAE) is $###.#/t, a slight increase of $#.#/t or #.#% from the latest price. Our analysis indicates a balanced market risk around this forecast.
Our current forecast shows that Flows data has the most significant impact, increasing the price forecast by $##.# per tonne. The Exchange Rates and Seaborne Imports & Exports families within the Flows data type are the most influential, contributing $#.# and $#.# per tonne, respectively. However, there is disagreement among the data types, with Flows data indicating upward price pressure, while Demand and Technical data suggest the opposite trend.
Our one month forecast for Steel HRC (UAE) is $###.#/t, a slight increase of $#.#/t or #.#% from the latest price. Our analysis indicates a balanced market risk around this forecast.
Our current forecast shows that Flows data has the most significant impact, increasing the price forecast by $##.# per tonne. The Exchange Rates and Seaborne Imports & Exports families within the Flows data type are the most influential, contributing $#.# and $#.# per tonne, respectively. However, there is disagreement among the data types, with Flows data indicating upward price pressure, while Demand and Technical data suggest the opposite trend.
What is the current / spot price of Steel HRC (UAE)?
Steel HRC (UAE) Price Today
October 23, 2025
Current Price
What is the forecast for the price of Steel HRC (UAE)?
Steel HRC (UAE) Price Forecast
October 23, 2025
1 Month Forecast
1 Year Forecast
What are the short-term drivers of Steel HRC (UAE) prices?
What are the long-term drivers of Steel HRC (UAE) prices?
Over the 1 Month horizon the outlook is moderately bullish due to drivers such as: - Steel Products exports from Korea - Seasonality trends for the prediction month of year - Movements in the Chinese Yuan Br(None) The top contrary drivers for the 1 Month horizon are: - EWMA-based technical analysis - Seasonality trends for the prediction week of year
Over the 1 Year horizon the outlook is bullish due to drivers such as: - Iron Ore imports to Taiwan - Movements in the Euro Br(None) The top contrary drivers for the 1 Year horizon are: - Seasonality trends for the prediction week of year - EWMA-based technical analysis
Will the price of Steel HRC (UAE) go up?
.png)
1 Week
1 Month
3 Month
6 Month
1 Year
The Latest Steel HRC (UAE) News
ChAI Blog
Frequently asked question?
Still have a question?
Contact us
Do your models/algorithms change for time horizons? (short term/long term)?
What is unique about what you do? Aren’t large hedge funds already doing something similar?
What kind of AI techniques are you using?
Our Risk / Compliance Department is concerned about model transparency - How do you ensure your models can be explained?
Can you expand on how the AI is used and how it's a differentiator?
Interested in further market insights, forecasts, cost models, downloadable data ?
We are making the companies whose products we depend on everyday more resilient
Speak to the team
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
*Please include your company email