Steel fell to 3,189 CNY/T on August 14, 2025, down 0.84% from the previous day. Over the past month, Steel's price has risen 4.15%, and is up 14.38% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Steel - values, historical data, forecasts and news - updated on August of 2025.

In 2023, the price of fabricated structural steel in the United Kingdom has fallen by over ** percent. That came after the cost of that building material soared between 2020 and 2022. Most of that price increase happened in 2021, with a growth rate of **** percent that year. Structural steel is widely used for construction because it is durable, malleable, and strong, while also being cheaper than many other metals. For example, it is often used as a structural material for skyscrapers and other buildings, as well as for infrastructure. Why has the price of steel increased? Those price increases seen until 2022 have not just affected the UK, but many other countries around the world. For example, the cost of fabricated structural metal in the U.S. and that of structural steel and other steel products in Germany reached their highest growth rate in 2022. Supply chain disruptions along with a decrease in the global production of crude steel in 2020 were some of the main reasons for those price hikes in 2021. In addition to that, the price of iron ore, which is the main component of steel, and energy also had a strong impact on the final price of steel products those years. Largest steel producers In the past couple of years, China was by far the largest steel producer in the world, with a production volume that was well over ***** times higher than that of the second country in the ranking: India. Although the United States was also on that list along with Japan and Russia, it was not among the leading exporters of steel. The reason for that discrepancy is that a big share of the production in countries of the size of the U.S., China, and India goes to fill their own domestic needs. Meanwhile, **** of the ** companies with the highest output of steel came from China, with the rest coming from Luxembourg, Japan, South Korea, India, and the U.S.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Cold Rolled Steel Sheet and Strip (WPU101707) from Jun 1982 to Jun 2025 about steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

HRC Steel fell to 830.03 USD/T on August 8, 2025, down 0.95% from the previous day. Over the past month, HRC Steel's price has fallen 5.89%, but it is still 22.06% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for HRC Steel.

The statistic shows the average sales price of steel products in China from 2011 to 2014. In 2011, the average sales price of steel products in China had amounted to ***** yuan per ton.

Explore the average cost of installing a steel roof in 2023, influenced by factors like location, steel type, and roof complexity, ranging between $18,000 and $40,000 for a 2,000-square-foot roof. Discover how material choices, design complexity, and additional expenses like underlayment and old roof removal affect pricing, while understanding the long-term durability and environmental benefits of steel roofing.

Explore the factors influencing the average cost of constructing a metal building, including size, location, design complexity, and materials. Understand price ranges from $10 to $25 per square foot, potential additional costs for customization, and the impact of local conditions. Learn the importance of budgeting for unforeseen expenses, labor, and future operational costs.

In the fiscal year 2023, the average market price of light steel bars in Japan was around ****** thousand Japanese yen per metric ton, decreasing from roughly ****** thousand yen in the preceding fiscal year. This was the highest price during the past decade.

Discover the average cost of metal roofing, influenced by factors like material type, roof size, location, and contractor pricing, with prices ranging from $8,000 to $27,000 for a 1,000 sq. ft. roof. Learn about cost variations among different metals like steel, aluminum, copper, and zinc.

In 2023, the average selling prince of South Korean steel works company POSCO's carbon steel amounted to around **** million South Korean won per metric ton. This was a slight decrease compared to the previous year, but still represented the second-highest number of the past decade.

This report uses the producer price index for steel mill products, averaging the growth in price for various types of steel, including bars, sheets, strips, plates and wires, of the hot-rolled and cold-rolled varieties. The index has a base year of 1982. Data is sourced from the Bureau of Labor Statistics and is presented as the equally weighted average of monthly figures.

Russia Avg Consumer Price: Metal Ware: Utensils Set: Stainless Steel data was reported at 284.660 RUB in Jan 2019. This records an increase from the previous number of 279.450 RUB for Dec 2018. Russia Avg Consumer Price: Metal Ware: Utensils Set: Stainless Steel data is updated monthly, averaging 132.160 RUB from Jan 1997 (Median) to Jan 2019, with 265 observations. The data reached an all-time high of 284.660 RUB in Jan 2019 and a record low of 20.710 RUB in Jul 1997. Russia Avg Consumer Price: Metal Ware: Utensils Set: Stainless Steel data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Prices – Table RU.PA008: Average Consumer Price: Furniture and Ware.

In November 2022, the fabricated structural metal price stood at $3,161 per ton (CIF, US), with an increase of 2.7% against the previous month.

Explore the factors influencing steel sheet prices, from raw material costs to global demand and geopolitical situations. Learn how industry needs, trade policies, and regional differences impact current pricing, with average costs ranging from $700 to $1,200 per metric ton.

Graph and download economic data for Global price of Metal index (PMETAINDEXM) from Jan 1992 to Jun 2025 about World, metals, indexes, and price.

The average rolled steel shape import price stood at $2,254 per ton in April 2025, picking up by 21% against the previous month.

India Wholesale Price Index: 82p: Average: Manufactured Products: Basic Metals, Alloys and Metal Products: Basic Metals and Alloys: Ferro Alloys: Alloy Steel, Stainless Steel data was reported at 399.400 1981-1982=100 in Jan 2000. This stayed constant from the previous number of 399.400 1981-1982=100 for Dec 1999. India Wholesale Price Index: 82p: Average: Manufactured Products: Basic Metals, Alloys and Metal Products: Basic Metals and Alloys: Ferro Alloys: Alloy Steel, Stainless Steel data is updated monthly, averaging 182.700 1981-1982=100 from Apr 1982 (Median) to Jan 2000, with 207 observations. The data reached an all-time high of 399.400 1981-1982=100 in Jan 2000 and a record low of 90.400 1981-1982=100 in Jan 1984. India Wholesale Price Index: 82p: Average: Manufactured Products: Basic Metals, Alloys and Metal Products: Basic Metals and Alloys: Ferro Alloys: Alloy Steel, Stainless Steel data remains active status in CEIC and is reported by Ministry of Commerce and Industry. The data is categorized under India Premium Database’s Inflation – Table IN.IH139: Wholesale Price Index: 1981-82=100: Manufactured Products: Basic Metals, Alloys and Metal Products.

Graph and download economic data for Producer Price Index by Industry: Iron and Steel Pipe and Tube Manufacturing from Purchased Steel: Iron and Steel Pipes and Tubes, from Purchased Iron and Steel (PCU3312103312100) from Jan 1967 to Jun 2025 about iron, purchase, steel, PPI, industry, inflation, price index, indexes, price, and USA.

In July 2023, the Iron and Steel price in Turkey dropped by 9.1% compared to the previous month, reaching $409 per ton (CIF).

Saudi Arabia Construction Materials Price: Average: Reinforcing Iron: Local: 14 mm data was reported at 2,793.530 SAR/Ton in Mar 2025. This records a decrease from the previous number of 2,804.300 SAR/Ton for Feb 2025. Saudi Arabia Construction Materials Price: Average: Reinforcing Iron: Local: 14 mm data is updated monthly, averaging 2,686.300 SAR/Ton from Feb 2009 (Median) to Mar 2025, with 194 observations. The data reached an all-time high of 4,032.600 SAR/Ton in Apr 2022 and a record low of 1,821.390 SAR/Ton in Nov 2016. Saudi Arabia Construction Materials Price: Average: Reinforcing Iron: Local: 14 mm data remains active status in CEIC and is reported by General Authority for Statistics. The data is categorized under Global Database’s Saudi Arabia – Table SA.EA006: Average Construction Materials Price.