Steel Price Forecast 2024 Uk. A december 2023 report from oxford economics predicted 2024 reductions in steel prices of ~7% both in the eu and in the usa; Mild and stainless steel prices have surged in the last two months, flattening briefly during the holidays, and now stabilising slightly.

Rising interest rates, green regulations, and supply chain issues will impact the sector. Price forecasts for q2 2024.