Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Carbon Steel Scrap (WPU101211) from Dec 1986 to Apr 2025 about steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

Steel fell to 2,951 CNY/T on June 24, 2025, down 0.44% from the previous day. Over the past month, Steel's price has fallen 3.25%, and is down 12.30% 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 June of 2025.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Carbon Steel Castings, Except Investment (WPU101507) from Jun 1981 to May 2025 about steel, investment, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

China Transaction Price: 36 City Avg: Carbon Steel: 40mm, 45# data was reported at 3,937.800 RMB/Ton in Mar 2025. This records a decrease from the previous number of 3,984.430 RMB/Ton for Feb 2025. China Transaction Price: 36 City Avg: Carbon Steel: 40mm, 45# data is updated monthly, averaging 4,384.670 RMB/Ton from Dec 2011 (Median) to Mar 2025, with 160 observations. The data reached an all-time high of 6,111.880 RMB/Ton in May 2021 and a record low of 2,370.000 RMB/Ton in Dec 2015. China Transaction Price: 36 City Avg: Carbon Steel: 40mm, 45# data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PG: Steel Price.

HRC Steel rose to 880 USD/T on June 9, 2025, up 0.23% from the previous day. Over the past month, HRC Steel's price has fallen 1.12%, but it is still 21.38% 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.

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Carbon Steel Market Size 2024-2028

The carbon steel market size is forecast to increase by USD 187.59 billion at a CAGR of 3.58% between 2023 and 2028.

The market is experiencing significant growth, driven primarily by the increasing demand in the construction industry for its durability and cost-effectiveness. This sector's expansion is further fueled by the global shift towards sustainable manufacturing practices, as carbon steel's production process emits less greenhouse gases compared to other steel types. However, the market is not without challenges. Volatile prices of raw materials, such as iron ore and coal, pose a significant threat to market growth. Producers must navigate these price fluctuations to maintain profitability and remain competitive. To capitalize on market opportunities and navigate challenges effectively, companies must focus on operational efficiency, supply chain optimization, and strategic sourcing of raw materials. Additionally, investments in research and development to improve production processes and create value-added products can differentiate market players and provide a competitive edge. Overall, the market presents a compelling growth opportunity for investors and businesses, with the potential for significant returns in the long term.

What will be the Size of the Carbon Steel Market during the forecast period?

Request Free SampleCarbon steel, a fundamental component in construction and engineering, continues to shape industries with its versatile properties and evolving trends. Steel architecture's growth is driven by stringent safety standards and advanced forming processes, leading to innovative product development. Traceability and certification are crucial in ensuring steel's quality and reliability, while R&D and collaborations propel industry 4.0 and circular economy initiatives. Microstructure analysis and inspection standards play a pivotal role in enhancing steel's performance and sustainability. Simulation, testing methods, and optimization software facilitate efficient manufacturing processes and smart steel applications. Industry associations and partnerships foster knowledge exchange and digitalization, enabling a competitive market landscape. Steel's investment potential lies in its versatility, as it adapts to various engineering applications and welding processes. Sustainability initiatives and quality control measures further strengthen its appeal. Green steel, a promising trend, focuses on reducing carbon emissions and improving overall environmental impact. In the realm of steel manufacturing, collaboration, innovation, and adherence to industry standards are key to staying competitive. The future holds exciting possibilities as steel continues to adapt and evolve, offering endless opportunities for businesses.

How is this Carbon Steel Industry segmented?

The carbon steel industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. End-userConstructionShipbuildingAutomotiveTransportationOthersTypeLow carbon steelMedium carbon steelHigh carbon steelProductLong SteelFlat SteelTubular SteelGeographyAPACChinaIndiaJapanEuropeFranceGermanyItalyUKNorth AmericaUSCanadaMiddle East and AfricaEgyptKSAOmanUAESouth AmericaArgentinaBrazil

By End-user Insights

The construction segment is estimated to witness significant growth during the forecast period.Carbon steel plays a pivotal role in various industries, including construction, manufacturing, energy, and transportation. In the construction sector, carbon steel's high strength and ductility make it an ideal choice for constructing high-rise buildings, tech parks, roads, highways, bridges, and other infrastructure projects. The global construction industry is experiencing moderate growth, driven by the increasing demand for residential and commercial buildings worldwide. Heavy equipment and industrial machinery also rely heavily on carbon steel for their manufacturing due to its heat resistance and wear resistance. The energy sector utilizes carbon steel pipes and plates for their high strength-to-weight ratio and corrosion resistance, making them suitable for transporting oil and gas. Steel manufacturers employ various processes such as forming, finishing, optimization, and recycling to produce different grades of carbon steel, including high strength steel, stainless steel, and alloy steel. These grades cater to diverse applications, including automotive, aerospace, and advanced technology industries. Steel suppliers and distributors play a crucial role in the steel supply chain by ensuring timely delivery of steel products to various industries. Steel prices are influenced by several factors, including production costs, demand, and market conditions. Steel research an

Explore the dynamic factors influencing carbon steel prices per kg, including market demand, geopolitical events, and supply chain disruptions. Learn how these variables, along with steel grades and economic conditions, affect pricing in industries like construction and automotive as of October 2023.

Get the latest insights on price movement and trend analysis of Mild Steel Plate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Carbon Steel Scrap (WPS101211) from Jan 1997 to Apr 2025 about steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

Graph and download economic data for Producer Price Index by Industry: Iron and Steel Mills: Hot Rolled Steel Bars, Carbon (DISCONTINUED) (PCU33111033111072) from Dec 2010 to Nov 2017 about iron, mills, steel, PPI, industry, inflation, price index, indexes, price, and USA.

In 2023, the average selling prince of South Korean steel works company POSCO's carbon steel amounted to around 1.02 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.

United States - Producer Price Index by Commodity: Metals and Metal Products: Carbon Steel Scrap was 470.61700 Index Dec 1986=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Carbon Steel Scrap reached a record high of 786.56400 in April of 2022 and a record low of 97.70000 in April of 1987. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Metals and Metal Products: Carbon Steel Scrap - last updated from the United States Federal Reserve on June of 2025.

United States - Producer Price Index by Commodity: Metals and Metal Products: Carbon Steel Scrap Bundles was 301.10400 Index Jun 1996=100 in April of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Carbon Steel Scrap Bundles reached a record high of 522.80000 in July of 2008 and a record low of 54.80000 in November of 2001. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Metals and Metal Products: Carbon Steel Scrap Bundles - last updated from the United States Federal Reserve on June of 2025.

United States - Producer Price Index by Industry: Steel Foundries, Except Investment: Carbon Steel Castings, Except Investment was 305.51500 Index Jun 1981=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Steel Foundries, Except Investment: Carbon Steel Castings, Except Investment reached a record high of 311.75800 in May of 2024 and a record low of 100.00000 in June of 1981. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Steel Foundries, Except Investment: Carbon Steel Castings, Except Investment - last updated from the United States Federal Reserve on June of 2025.

The global flat carbon steel market, valued at $842.06 million in 2025, is projected to experience steady growth, driven primarily by the burgeoning construction and infrastructure sectors globally. Increased urbanization and infrastructure development initiatives in developing economies like India and China are significantly boosting demand for flat carbon steel in building applications. The automotive and transportation industry, another key consumer, is witnessing growth fueled by rising vehicle production and the increasing adoption of lightweighting technologies in automobiles to improve fuel efficiency. While the mechanical equipment segment contributes considerably, its growth is somewhat moderated by cyclical fluctuations in industrial production. The market is segmented by type into low, medium, and high carbon steel, with low carbon steel dominating due to its cost-effectiveness and suitability for a wide range of applications. However, the demand for high-carbon steel is also growing, driven by its superior strength properties, primarily in specialized applications within the automotive and infrastructure industries. Growth restraints include fluctuating raw material prices (iron ore, coking coal), stringent environmental regulations leading to higher production costs, and geopolitical uncertainties impacting global trade. Despite these challenges, the market's overall trajectory remains positive. The anticipated growth is further influenced by technological advancements in steel production aiming for improved efficiency and sustainability, such as the development of advanced high-strength steels that minimize material usage without compromising structural integrity. This leads to cost reductions and improved environmental performance, making flat carbon steel a competitive option despite rising raw material and regulatory pressures. Major players like Tata Steel, ArcelorMittal, United States Steel Corporation, and Voestalpine are actively engaged in strategic initiatives such as mergers, acquisitions, and capacity expansions to meet the evolving market demands and maintain their competitive edge.

In 2024, the producer price index (PPI) for iron and steel in Japan stood at *** index points on average, decreasing from ****** points in the previous year. The lowest producer price of iron and steel within the preceding decade was in 2016, with a PPI of ***** points. What determines the price of steel products? Steelmaking requires several raw materials and plenty of energy. Japan has hardly any significant resources to satisfy either demand domestically. Therefore, the country imports iron ore and coking coal, the crucial raw materials needed to produce steel by using blast furnaces. Accordingly, the price depends on the overall energy price and a steady raw material supply – primarily from Australia. For recycling, steel scrap can be added to a certain degree within the conventional process or re-melted in electric arc furnaces. The latter process entails high electricity consumption, making recycled steel of this kind expensive. Carbon-neutral steel: a matter of price Ample carbon emissions are caused by removing excess carbon left from the carbon-based reduction of the iron oxides. Consequently, one strategy is to adjust steel plants to carbon-neutral reducing agents, such as green or blue hydrogen. Carbon capture, usage, and storage (CCUS), still in development, could offset further emissions on top.The trade-off for implementing these measures and using sustainable energy had called for a gradual transition. Ironically, the latest price increases in fossil fuels could spur ecological investments even more than the contested CO2-emission-based premium included in the petroleum and coal tax.

The global flat carbon steel market, valued at $847.2 million in 2025, is projected to experience steady growth, exhibiting a Compound Annual Growth Rate (CAGR) of 1.9% from 2025 to 2033. This moderate growth reflects a mature market with established players like Tata Steel Limited, ArcelorMittal, United States Steel Corporation, and Voestalpine Group. While the market is not experiencing explosive growth, several factors contribute to its sustained trajectory. Increased infrastructure development globally, particularly in emerging economies, fuels demand for flat carbon steel in construction and automotive applications. Advancements in steel production technologies, focusing on enhanced efficiency and reduced environmental impact, are also influencing market dynamics. However, fluctuating raw material prices, particularly iron ore and coking coal, pose a significant challenge, impacting profitability and potentially hindering growth. Furthermore, increasing competition from alternative materials, such as aluminum and advanced composites, in specific niche applications, necessitates strategic adaptation by existing market players. The market is segmented based on product type (e.g., hot-rolled, cold-rolled, galvanized), application (e.g., construction, automotive, appliances), and end-use industries. A detailed regional breakdown would provide further insights into market variations. The forecast period of 2025-2033 anticipates a continuation of these trends. While a 1.9% CAGR might seem modest, it represents a significant volume increase over the long term, driven by sustained infrastructure development in various regions and the ongoing need for flat carbon steel in numerous essential industries. However, proactive management of raw material price volatility and strategic diversification into higher-value applications will be crucial for market players to secure their position in this competitive landscape. The adoption of sustainable manufacturing practices, aligned with growing environmental concerns, will also significantly impact market competitiveness and overall growth trajectory.

Steel Prices: Delhi: Kalkaji Market: Mild Steel Round Bars: 10 mm Diameter data was reported at 37,000.000 INR/Metric Ton in Jun 2016. This records a decrease from the previous number of 40,000.000 INR/Metric Ton for Mar 2016. Steel Prices: Delhi: Kalkaji Market: Mild Steel Round Bars: 10 mm Diameter data is updated quarterly, averaging 43,500.000 INR/Metric Ton from Mar 2014 (Median) to Jun 2016, with 10 observations. The data reached an all-time high of 49,000.000 INR/Metric Ton in Jun 2014 and a record low of 37,000.000 INR/Metric Ton in Jun 2016. Steel Prices: Delhi: Kalkaji Market: Mild Steel Round Bars: 10 mm Diameter data remains active status in CEIC and is reported by Directorate of Economics and Statistics, Government of NCT of Delhi. The data is categorized under India Premium Database’s Metal and Steel Sector – Table IN.WAC012: Steel Prices: NCT of Delhi: Kalkaji Market (Discontinued).

United States - Producer Price Index by Commodity: Metals and Metal Products: Other Carbon Steel Scrap was 228.88800 Index Jun 1996=100 in May of 2023, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Other Carbon Steel Scrap reached a record high of 394.08100 in March of 2022 and a record low of 51.90000 in November of 1998. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Metals and Metal Products: Other Carbon Steel Scrap - last updated from the United States Federal Reserve on June of 2025.

Steel Prices: Delhi: Kalkaji Market: Mild Steel Round Bars: 20 mm Diameter data was reported at 35,000.000 INR/Metric Ton in Jun 2016. This records a decrease from the previous number of 380,000.000 INR/Metric Ton for Mar 2016. Steel Prices: Delhi: Kalkaji Market: Mild Steel Round Bars: 20 mm Diameter data is updated quarterly, averaging 43,750.000 INR/Metric Ton from Mar 2014 (Median) to Jun 2016, with 10 observations. The data reached an all-time high of 380,000.000 INR/Metric Ton in Mar 2016 and a record low of 35,000.000 INR/Metric Ton in Jun 2016. Steel Prices: Delhi: Kalkaji Market: Mild Steel Round Bars: 20 mm Diameter data remains active status in CEIC and is reported by Directorate of Economics and Statistics, Government of NCT of Delhi. The data is categorized under India Premium Database’s Metal and Steel Sector – Table IN.WAC012: Steel Prices: NCT of Delhi: Kalkaji Market (Discontinued).