Econometric approach to long-term iron ore contract prices forecasting. Part 2

Authors

  • Aleksander Grigorievich Malanichev PJSC Severstal
  • Aleksander Yurievich Pustov Severstal Public Joint Stock Company

Keywords:

Forecasting, iron ore, contract price, long-term price, marginal costs, marginal producer, scenarios, sensitivity analysis, uncertainty analysis

Abstract

This paper describes an econometric model for long-term iron ore price forecasting. The model is based on an assumption that the market price equals the marginal fi rm’s costs. As an example of the model output, 2011-15 iron ore prices forecast is presented.

Author Biographies

Aleksander Grigorievich Malanichev, PJSC Severstal

Ph.D. (Engineering)

Work place, position: PJSC Severstal – strategic management administration, Department Head

Aleksander Yurievich Pustov, Severstal Public Joint Stock Company

Work place, position: Severstal Public Joint Stock Company, strategic marketing administration, analyst

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Published

2024-02-08

How to Cite

Malanichev, A. G., & Pustov, A. Y. (2024). Econometric approach to long-term iron ore contract prices forecasting. Part 2. Russian Foreign Economic Journal, (4), 74–88. Retrieved from https://journal.vavt.ru/rfej/article/view/1232

Issue

No. 4 (2012)

Section

Foreign economic relations