Analysis Of Market Price Of Steel Based On Big Data

The power of steel market is becoming more acute,so how to correctly grasp this trend of steel price has become the most concerned about the topic of iron and steellenterprises. The steel is wide in use, variety,this paper mainly studies the two types of steel, including profiles, pipe material. This paper first studies the influencing factors of the price of steel.We need collect from 2013 January to 2014 December, the steel market price data and the influenced data;then using the method of statistical analysis,including correlation analysis,multiple regression analysis and Lasso to choose variables,and make corresponding regression models, and then make some time series model to predict steel price;at last,we use the aboved models, forecasting the market price during 2014 September to 2014 December.