Steel fell to 3,086 CNY/T on July 11, 2025, down 0.61% from the previous day. Over the past month, Steel's price has risen 5.22%, but it is still 6.46% 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 July of 2025.

From May to August 2018, rebar products cost 710 U.S. dollars per short ton. Rebar, which is short for reinforcing bar, is used to reinforce concrete or other aspects of masonry in order to provide tensile strength to large structures.

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 May 2025 about steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

HRC Steel fell to 876.95 USD/T on July 11, 2025, down 0.57% from the previous day. Over the past month, HRC Steel's price has risen 1.73%, and is up 31.87% compared to the same time last year, 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.

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

After demand for steel dropped during the arrival of the COVID-19 pandemic in 2019, steel prices also took a hit. However, in 2021, hot-rolled coil (HRC) steel prices were projected to rebound to around *** U.S. dollars per metric ton—a ** percent recovery from the dip in prices that had continued into 2020. The U.S. market by the end of 2021 The United States is among the markets where hot-rolled coil (HRC) steel prices are the highest in the world. It was expected that U.S. steel distributors and producers, such as Nucor and United States Steel, would benefit from the steel tariffs on U.S. imports that came into effect in the spring of 2018. At the same time, U.S. imports from the countries subjected to the so-called Section 232 tariffs were projected to decline. By the end of 2021, Canada was the main country of origin for the U.S.’s imports for consumption of steel products. Impact on the Chinese market Even though a large part of China's steel exports to the United States had already been restricted through antidumping or countervailing duties, trade tensions put pressure on steel markets worldwide, including China. Chinese steel product imports amounted to ***** million U.S. dollars, making it the ninth country of origin for steel products in the United States. Overall, rolled steel was the seventh largest category of Chinese export goods in 2021, amounting to almost *** billion yuan (approximately ** billion U.S. dollars). This comes after China's steel sector had a drop in sales to its domestic auto sector in early 2019.

In the fourth quarter of 2023, the price of the flat steel in the USA reached 3479 USD/MT by December. Similarly, in China, the flat steel prices hit 1858 USD/MT in the same month. The Germany also saw flat steel prices reaching 3125 USD/MT during Q4 2023.

Explore IMARC’s newly published report, titled “Flat Steel Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of flat steel pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

NCDEX: Spot Price: Steel Long: Mandi Gobindgarh: First Session data was reported at 42,500.000 INR/Metric Ton in 14 May 2025. This records a decrease from the previous number of 42,600.000 INR/Metric Ton for 13 May 2025. NCDEX: Spot Price: Steel Long: Mandi Gobindgarh: First Session data is updated daily, averaging 42,800.000 INR/Metric Ton from Jan 2024 (Median) to 14 May 2025, with 335 observations. The data reached an all-time high of 48,300.000 INR/Metric Ton in 08 May 2024 and a record low of 40,650.000 INR/Metric Ton in 16 Sep 2024. NCDEX: Spot Price: Steel Long: Mandi Gobindgarh: First Session data remains active status in CEIC and is reported by National Commodity & Derivatives Exchange Limited. The data is categorized under India Premium Database’s Price – Table IN.PB001: Commodities Spot Price: National Commodity & Derivatives Exchange Limited.

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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

Metal and Steel Price: Delhi: Cold Rolled Coils 1.00 mm data was reported at 67,850.000 INR/Metric Ton in Apr 2025. This records an increase from the previous number of 66,080.000 INR/Metric Ton for Mar 2025. Metal and Steel Price: Delhi: Cold Rolled Coils 1.00 mm data is updated monthly, averaging 48,690.000 INR/Metric Ton from Aug 2003 (Median) to Apr 2025, with 257 observations. The data reached an all-time high of 94,990.000 INR/Metric Ton in Apr 2022 and a record low of 24,300.000 INR/Metric Ton in Oct 2003. Metal and Steel Price: Delhi: Cold Rolled Coils 1.00 mm data remains active status in CEIC and is reported by Joint Plant Committee. The data is categorized under India Premium Database’s Metal and Steel Sector – Table IN.WAC008: Metal and Steel Retail Prices: New Delhi: Monthly.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Iron and Steel (WPS101) from Jan 1967 to May 2025 about iron, steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

The global building long-rolled steel market is experiencing robust growth, driven by the burgeoning construction industry worldwide. While precise market size data for 2025 isn't provided, considering typical market sizes for similar materials and a reasonable CAGR (let's assume a conservative CAGR of 5% for illustrative purposes), we can estimate the 2025 market size to be approximately $150 billion USD. This robust growth is fueled by several key drivers, including increasing urbanization, infrastructure development projects (particularly in developing economies), and the rising demand for resilient and sustainable building materials. The residential construction segment continues to be a significant contributor, but the commercial and industrial building segments are showing accelerated growth, driven by expansion in manufacturing and logistics sectors. The prevalence of rebar and structural shapes within the product segments further bolsters the market's overall value. However, challenges remain, including fluctuations in raw material prices (iron ore, scrap steel), governmental regulations regarding environmental sustainability, and potential supply chain disruptions that could affect market stability. Despite these challenges, the long-term outlook for the building long-rolled steel market remains positive. Ongoing infrastructure investments globally, combined with increasing urbanization in emerging markets, are expected to sustain high demand. Technological advancements in steel production, focusing on improved efficiency and reduced environmental impact, will also influence market dynamics. The market segmentation by application (residential, commercial, industrial) and type (rebar, structural shapes, wire rod) provides valuable insights for stakeholders to identify lucrative opportunities within specific niches. Companies such as Ruukki, NSSMC, and ThyssenKrupp are key players competing for market share, leveraging their established manufacturing capabilities and global reach. The market's regional distribution is also diverse, with significant presence in North America, Europe, and Asia Pacific, reflecting global construction activity patterns. Further, the market will witness growing use of advanced high-strength steel to enable efficient construction methods leading to increased demand for building long-rolled steel. This in-depth report provides a comprehensive overview of the global building long-rolled steel market, offering valuable insights into market dynamics, key players, and future growth prospects. With a focus on market size, segmentation, and competitive landscape, this report is an indispensable resource for businesses, investors, and researchers seeking to understand and navigate this dynamic industry. Keywords: Long Rolled Steel, Steel Rebar, Structural Steel Shapes, Wire Rod, Steel Market, Construction Steel, Building Materials, Steel Industry, Metal Market.

Metal and Steel Price: Delhi: Cold Rolled Coils 0.63 mm data was reported at 68,640.000 INR/Metric Ton in Apr 2025. This records an increase from the previous number of 67,460.000 INR/Metric Ton for Mar 2025. Metal and Steel Price: Delhi: Cold Rolled Coils 0.63 mm data is updated monthly, averaging 48,792.000 INR/Metric Ton from Aug 2003 (Median) to Apr 2025, with 257 observations. The data reached an all-time high of 96,760.000 INR/Metric Ton in Apr 2022 and a record low of 25,300.000 INR/Metric Ton in Oct 2003. Metal and Steel Price: Delhi: Cold Rolled Coils 0.63 mm data remains active status in CEIC and is reported by Joint Plant Committee. The data is categorized under India Premium Database’s Metal and Steel Sector – Table IN.WAC008: Metal and Steel Retail Prices: New Delhi: Monthly.

The long steel products market is experiencing robust growth, driven by sustained infrastructure development and a rising demand across various construction sectors. While precise market sizing data is not fully provided, let's assume a 2025 market size of $15 billion USD, based on reasonable estimations considering typical market sizes for similar industries and growth trajectories. With a projected Compound Annual Growth Rate (CAGR) of, let's assume, 5% from 2025 to 2033, the market is poised to reach approximately $23 billion USD by 2033. This growth trajectory is fuelled by several key drivers, including government investments in large-scale infrastructure projects such as roads, bridges, and railways, along with a surge in urbanization and industrial construction activities across many regions. Furthermore, technological advancements in steel production, leading to higher quality and efficiency, contribute significantly to market expansion. However, factors like fluctuating raw material prices, particularly iron ore and coking coal, alongside environmental regulations and their associated compliance costs, act as potential restraints on the market's growth. Key market segments include rebar, structural steel, and other long steel products. The competitive landscape is shaped by major players such as Emirates Steel Arkan, Al-Rasheed Steel, Arabian Gulf Steel Industries (AGCI), ArcelorMittal, and several other regional and international steel producers. These companies compete on price, quality, product diversification, and their ability to meet the demands of diverse customer segments. The market is geographically diverse, with growth opportunities spread across numerous regions, driven by the varying paces of infrastructure development and construction in each area. This dynamic landscape calls for continued market monitoring and strategic adaptation by industry players.

The global long steel market, valued at $513.22 million in 2025, is projected to experience a compound annual growth rate (CAGR) of -2.6% from 2025 to 2033. This negative growth reflects several factors impacting the industry. Firstly, global economic fluctuations and reduced infrastructure spending in certain regions contribute to decreased demand. Secondly, increased production costs, driven by rising energy prices and raw material shortages, put pressure on profitability and potentially limit expansion. Furthermore, stricter environmental regulations concerning carbon emissions are leading to increased operational costs for steel producers and are prompting a shift towards more sustainable production methods. This transition, while necessary for long-term market health, presents short-term challenges for established players. Despite these headwinds, certain market segments, such as those catering to specific construction projects or specialized applications, might demonstrate more resilience. Technological advancements in steel manufacturing, focusing on enhanced efficiency and reduced environmental impact, are key factors that will influence the market trajectory in the coming years. The competitive landscape is dominated by major global players such as China Baowu Group, ArcelorMittal, and Nippon Steel Corporation, indicating a high degree of consolidation in the industry. These companies’ strategies regarding innovation, cost optimization, and geographic diversification will be crucial in navigating the current market dynamics. The competitive intensity within the long steel market necessitates strategic adjustments from major players. Diversification into value-added products and exploration of niche markets can offer opportunities for growth. Furthermore, collaborations and mergers could help companies achieve economies of scale and enhance their competitiveness. The industry's focus on sustainable practices and technological innovation will be crucial for its long-term success. Adapting to changing regulations and consumer preferences, while managing fluctuating raw material prices, will be critical factors determining the success of individual companies within this dynamic market landscape. Geographic expansion into regions with robust infrastructure development plans could also present growth prospects. The projected negative CAGR suggests a period of consolidation and adaptation, with potential for a recovery in the latter half of the forecast period contingent on global economic conditions and technological advancements.

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).

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

Iron and steel scrap prices in the United States stood at around *** U.S. dollars per metric ton in 2024, down from *** dollars per ton a year earlier. This is the fourth consecutive annual decrease recorded. Steel scrap consumption The majority of domestic steel industry scrap consumption is from manufacturers of raw steel, and steel castings. These raw materials are used to produce steel products that are used for appliances, construction, machinery, and transportation, among other industry uses. Only small amounts of steel scrap were used for the production of ferroalloys, copper precipitation, and the chemical industry. Recycling scrap Recycled iron and steel scrap materials have been essential for the production of new steel and cast iron products. Vehicles are one of the largest sources of old steel scrap used for recycling and nearly 100 percent of cars are recycled for their scrap material. It is expected that the recycling rate for scrap materials from appliances and construction purposes should rise, especially as public interest for recycling grows and profitability increases.

NCDEX: Spot Price: Steel Long: Mandi Gobindgarh: Second Session data was reported at 42,500.000 INR/Metric Ton in 16 May 2025. This records an increase from the previous number of 42,350.600 INR/Metric Ton for 15 May 2025. NCDEX: Spot Price: Steel Long: Mandi Gobindgarh: Second Session data is updated daily, averaging 43,900.000 INR/Metric Ton from Jan 2023 (Median) to 16 May 2025, with 579 observations. The data reached an all-time high of 50,700.000 INR/Metric Ton in 16 Jan 2023 and a record low of 40,600.000 INR/Metric Ton in 16 Sep 2024. NCDEX: Spot Price: Steel Long: Mandi Gobindgarh: Second Session data remains active status in CEIC and is reported by National Commodity & Derivatives Exchange Limited. The data is categorized under India Premium Database’s Price – Table IN.PB001: Commodities Spot Price: National Commodity & Derivatives Exchange Limited.

In 2024, iron ore was worth an average of approximately *** U.S. dollars per dry metric ton unit (dmtu), compared to only ** U.S. dollars per dmtu in 2000. The month with the highest average iron ore price in 2021 was June, at over *** U.S. dollars per dmtu. Iron ore: market context and price fluctuation Iron ore is composed of minerals and rocks from which metallic iron can be extracted. Iron ore is an important part of the world economy, as a large proportion of iron ore is used to make steel, which is a widely used material globally. In a given year, the monthly price of iron ore varies noticeably, ranging for example from a high of ****** U.S. dollars per dmtu in June 2021 down to a low of ***** U.S. dollars per dmtu in November 2021. Major iron ore producing nations Australia has the world's largest iron ore reserves, at ** billion metric tons of crude iron ore and is also the world's largest producer of iron ore. Not surprisingly, China, the world's leading steel manufacturer, is also the world's leading importer of iron. In recent years, China's iron imports have increased significantly, from ****** million metric tons in 2004, to over *** billion metric tons in 2018.