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Steel Product Prices Forecast To Rise Faster Than Raw Steel

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Mark Melin
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As investors look for signs of inflation, a report on a rise in steel prices -- and a larger rise in products manufactured with steel -- might be cause for concern.

Steel Product Prices Forecast To Rise Faster Than Raw Steel

With steel prices dropping a dramatic 25.1% in 2009, and then recovering over the next two years, one analyst sees steel prices declining 3.8% in 2014 before rising at an annualized rate of 2.2% per year until 2017.

IBIS price os steel

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.