Graph and download economic data for Producer Price Index by Industry: Fabricated Structural Metal Manufacturing: Fabricated Structural Iron and Steel for Commercial, Residential, Institutional, and Public Buildings (PCU33231233231212) from Jun 2011 to Sep 2025 about fabrication, public, iron, steel, metals, buildings, residential, commercial, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

Steel rose to 3,117 CNY/T on December 2, 2025, up 0.23% from the previous day. Over the past month, Steel's price has risen 1.30%, but it is still 7.09% lower than a year ago, 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 December of 2025.

United States - Producer Price Index by Industry: Fabricated Structural Metal Manufacturing: Fabricated Structural Iron and Steel for Commercial, Residential, Institutional, and Public Buildings was 194.90300 Index Jun 2011=100 in August of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Fabricated Structural Metal Manufacturing: Fabricated Structural Iron and Steel for Commercial, Residential, Institutional, and Public Buildings reached a record high of 217.28300 in January of 2024 and a record low of 100.00000 in June of 2011. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Fabricated Structural Metal Manufacturing: Fabricated Structural Iron and Steel for Commercial, Residential, Institutional, and Public Buildings - last updated from the United States Federal Reserve on November of 2025.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Fabricated Structural Iron and Steel for Industrial Buildings Metal Bar Joists, Short Span (WPU10740510) from Jun 2011 to Sep 2025 about fabrication, iron, steel, metals, buildings, commodities, PPI, industry, inflation, price index, indexes, price, and USA.

Monthly and long-term steel (usa) price data (US$/mt): historical series and analyst forecasts curated by FocusEconomics.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Fabricated Structural Iron and Steel for Commercial, Residential, Institutional, and Public Buildings (WPU10740514) from Jun 2011 to Sep 2025 about fabrication, public, iron, steel, metals, buildings, residential, commercial, commodities, PPI, inflation, price index, indexes, price, and USA.

United States - Producer Price Index by Commodity: Metals and Metal Products: Fabricated Structural Iron and Steel for Industrial Buildings Metal Bar Joists, Short Span was 199.75800 Index Jun 2011=100 in August of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Fabricated Structural Iron and Steel for Industrial Buildings Metal Bar Joists, Short Span reached a record high of 199.75800 in August of 2025 and a record low of 92.40000 in September of 2013. 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: Fabricated Structural Iron and Steel for Industrial Buildings Metal Bar Joists, Short Span - last updated from the United States Federal Reserve on December of 2025.

United States - Producer Price Index by Commodity: Metals and Metal Products: Industrial and Commercial Prefab Metal Building Systems (Excluding Farm Service Buildings, Residential, Parts) was 288.29400 Index Dec 2007=100 in March of 2023, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Industrial and Commercial Prefab Metal Building Systems (Excluding Farm Service Buildings, Residential, Parts) reached a record high of 288.29400 in March of 2023 and a record low of 100.00000 in December of 2007. 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: Industrial and Commercial Prefab Metal Building Systems (Excluding Farm Service Buildings, Residential, Parts) - last updated from the United States Federal Reserve on November of 2025.

Industrial product price index (IPPI), by major product group by North American Product Classification System (NAPCS) 2017 Version 2.0. Monthly data are available from January 1956. The table presents data for the most recent reference period and the last four periods. The base period for the index is (202001=100).

Monthly and long-term steel (europe) price data (US$/mt): historical series and analyst forecasts curated by FocusEconomics.

This table contains 269 series, with data for years 1956 - 1990 (not all combinations necessarily have data for all years), and was last released on 2000-02-18. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Commodities (269 items: Primary metal products; Iron and steel products; Primary steel products; Ferro-alloys ...).

Chile Exports Price Index: Industrial: Metal, Iron & Steel data was reported at 55.482 2008=100 in Sep 2016. This records a decrease from the previous number of 56.824 2008=100 for Jun 2016. Chile Exports Price Index: Industrial: Metal, Iron & Steel data is updated quarterly, averaging 77.047 2008=100 from Mar 2003 (Median) to Sep 2016, with 55 observations. The data reached an all-time high of 108.636 2008=100 in Jun 2008 and a record low of 33.135 2008=100 in Jun 2003. Chile Exports Price Index: Industrial: Metal, Iron & Steel data remains active status in CEIC and is reported by Central Bank of Chile. The data is categorized under Global Database’s Chile – Table CL.I029: Export Price Index: 2008=100.

United States - Producer Price Index by Commodity: Metals and Metal Products: Commercial, Institutional and Industrial Electric Lighting Fixtures was 264.88600 Index 1982=100 in August of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Commercial, Institutional and Industrial Electric Lighting Fixtures reached a record high of 265.01000 in May of 2025 and a record low of 94.50000 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 Commodity: Metals and Metal Products: Commercial, Institutional and Industrial Electric Lighting Fixtures - last updated from the United States Federal Reserve on November of 2025.

United States - Producer Price Index by Commodity: Chemicals and Allied Products: Commercial, Industrial, and Institutional Metal Cleaners was 162.23600 Index Dec 2011=100 in August of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Chemicals and Allied Products: Commercial, Industrial, and Institutional Metal Cleaners reached a record high of 162.23600 in July of 2025 and a record low of 100.00000 in January of 2012. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Chemicals and Allied Products: Commercial, Industrial, and Institutional Metal Cleaners - last updated from the United States Federal Reserve on December of 2025.

Explore the complex factors influencing Hot Rolled Coil (HRC) steel prices, including global economic conditions, industrial activity, geopolitical events, and raw material costs, and understand their impact on industries like construction and automotive.

Major US steelmakers hike rebar prices by $60 per ton amid market fluctuations and demand changes.

The global mild steel billet market, a crucial component in various industries, is experiencing robust growth, driven by burgeoning infrastructure development, particularly in emerging economies. The market's value, estimated at $150 billion in 2025, is projected to expand at a Compound Annual Growth Rate (CAGR) of 6% from 2025 to 2033, reaching approximately $250 billion by 2033. This expansion is fueled by the increasing demand for steel in construction, automotive, and energy sectors. The infrastructure segment, encompassing building construction and large-scale projects, contributes significantly to market growth, followed by the power and transportation sectors which rely heavily on steel for power generation infrastructure and vehicle manufacturing, respectively. Growth in these segments is geographically diverse, with significant contributions from Asia-Pacific (China and India leading the charge), North America, and Europe. While the commercial grade segment currently dominates the market, the demand for higher-grade steel billets (Grade 40 and Grade 60) is steadily increasing due to the rising need for enhanced strength and durability in various applications. However, the market faces certain challenges. Fluctuating raw material prices, particularly iron ore and coking coal, pose a considerable threat to profitability. Furthermore, stringent environmental regulations regarding steel production and carbon emissions are pushing manufacturers to adopt sustainable practices, leading to increased production costs. Competition among major steel producers, including ArcelorMittal, China Baowu Group, and POSCO, is intense, impacting pricing strategies and market share. Despite these headwinds, the long-term outlook remains positive, driven by consistent global infrastructure investment and technological advancements in steel production that aim to enhance efficiency and sustainability. The continued development of advanced high-strength low-alloy (HSLA) steel billets is expected to further fuel market expansion in the coming years.

Discover the booming global building long-rolled steel market! This comprehensive analysis reveals key trends, CAGR, market size, top players (Ruukki, Posco, ThyssenKrupp), and regional growth projections (North America, Europe, Asia). Learn about market drivers, restraints and future forecasts (2025-2033).

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Steel Market Size 2025-2029

The steel market size is valued to increase USD 307.4 billion, at a CAGR of 4.5% from 2024 to 2029. Urbanization and infrastructure development will drive the steel market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 67% growth during the forecast period.
By Type - Flat steel segment was valued at USD 797.80 billion in 2023
By Application - Structural steel segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 28.76 billion
Market Future Opportunities: USD 307.40 billion
CAGR from 2024 to 2029 : 4.5%

Market Summary

The market is a significant player in the industrial sector, with a current size of over 1,300 million metric tons in annual production. This market's expansion is primarily driven by urbanization and infrastructure development, as steel is a crucial component in constructing buildings, bridges, and transportation systems. Additionally, there is a growing trend toward sustainable steel production, as companies seek to reduce their carbon footprint and meet increasing environmental regulations. However, the market faces challenges from trade barriers and protectionist policies, which can disrupt global supply chains and impact pricing. These issues can lead to volatility in the market and create uncertainty for businesses.
Despite these challenges, the steel industry continues to evolve, with innovations in production methods and materials driving efficiency and cost savings. As the world's population grows and urbanizes, the demand for steel is expected to remain strong, making it an essential commodity for businesses across various industries.

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

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How is the Steel Market Segmented ?

The steel industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Flat steel
  Long steel


Application

  Structural steel
  Automotive steel
  Electrical steel
  Packaging steel


End-user

  Construction
  Transportation
  Machinery
  Metal goods
  Others


Method

  Basic oxygen furnace
  Electric arc furnace
  Open hearth furnace


Geography

  North America

    US
    Mexico


  Europe

    Germany
    Italy
    Russia


  Middle East and Africa

    Turkey


  APAC

    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Type Insights

The flat steel segment is estimated to witness significant growth during the forecast period.

In the ever-evolving market, flat steel, a significant sector, is characterized by its versatility and robustness. This category includes hot-rolled coils (HRC), cold-rolled coils (CRC), galvanized steel, tinplate, and steel plates, each designed to meet specific industrial demands. Hot-rolled steel sheets offer high yield strength and tensile strength, while cold-rolled steel sheets provide improved surface finish and formability. Galvanized steel coatings ensure corrosion resistance, making them ideal for harsh environments. The steel industry continues to innovate, with advancements in heat treatment processes, steel weldability, and microalloyed steel grades. Ductile iron properties and stainless steel grades cater to high-strength applications, while steel forming processes enhance production efficiency.

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The Flat steel segment was valued at USD 797.80 billion in 2019 and showed a gradual increase during the forecast period.

Steel quality control is ensured through non-destructive testing and microstructure analysis. The steel industry's focus on research and development has led to the emergence of high-strength low-alloy steel, which boasts impressive strength-to-weight ratios. A notable example of flat steel's impact is its extensive use in the automotive sector, where it contributes to the manufacturing of body panels and structural components. In fact, the automotive industry accounts for approximately 16% of global steel consumption. As the market continues to evolve, the demand for advanced materials and processing technologies will persist, driving innovation and growth within this essential industry.

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Regional Analysis

APAC is estimated to contribute 67% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in the Asia-Pacific (APAC) region is experiencing significant growth, fueled by industrial expansion, infrastructure devel

Explore the dynamic Hot Rolled Carbon Steel Coil market: insights on its USD 250 billion size, 5.2% CAGR, key drivers in construction & automotive, and future trends.