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.

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

China Purchasing Price Index: Ferrous Metal Material data was reported at 95.700 Prev Year=100 in 2024. This records an increase from the previous number of 93.800 Prev Year=100 for 2023. China Purchasing Price Index: Ferrous Metal Material data is updated yearly, averaging 102.318 Prev Year=100 from Dec 1986 (Median) to 2024, with 39 observations. The data reached an all-time high of 174.100 Prev Year=100 in 1993 and a record low of 86.300 Prev Year=100 in 2009. China Purchasing Price Index: Ferrous Metal Material data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IE: Purchasing Price Index.

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 Industry: Material Recyclers: Ferrous Metal Scrap (PCU4299304299301) from Dec 1986 to Sep 2025 about materials, metals, PPI, industry, inflation, price index, indexes, price, and USA.

China Purchasing Price Index: Ferrous Metal Material data was reported at 105.600 Prev Year=100 in Oct 2018. This records an increase from the previous number of 105.100 Prev Year=100 for Sep 2018. China Purchasing Price Index: Ferrous Metal Material data is updated monthly, averaging 99.315 Prev Year=100 from Jan 1997 (Median) to Oct 2018, with 262 observations. The data reached an all-time high of 126.890 Prev Year=100 in Jul 2008 and a record low of 79.310 Prev Year=100 in Jul 2009. China Purchasing Price Index: Ferrous Metal Material data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under Global Database’s China – Table CN.IE: Purchasing Price Index: Monthly.

Graph and download economic data for Producer Price Index by Industry: Material Recyclers: Nonferrous Metal Scrap (PCU4299304299302) from Dec 1986 to Sep 2025 about nonferrous metals, materials, metals, PPI, industry, inflation, price index, indexes, price, and USA.

Structural metals were the wood and metal construction materials with the highest price growth rate in Belgium in 2023. From January to September 2023, the price of structural metal products was ** percent higher than in 2022. Nevertheless, many of the other building materials included here had negative growth rates. Metal products had some of the largest construction material price increases in Germany in 2022.

In 2025, the price of reinforcment bars of 16 millimeters in Toronto and Vancouver amounted to 2,500 Canadian dollars per tonne. Meanwhile, structural steel universal l beams cost 4,500 Canadian dollars per tonne. The price of these steel building materials were the same in both cities.

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.

View monthly updates and historical trends for US Producer Price Index: Material Recyclers: Ferrous Metal Scrap. from United States. Source: Bureau of Lab…

HRC Steel fell to 891.06 USD/T on December 2, 2025, down 0.88% from the previous day. Over the past month, HRC Steel's price has risen 5.08%, and is up 29.14% 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.

China Purchasing Price Index: MoM: Ferrous Metal Material data was reported at 99.900 Prev Mth=100 in Feb 2025. This records an increase from the previous number of 99.700 Prev Mth=100 for Jan 2025. China Purchasing Price Index: MoM: Ferrous Metal Material data is updated monthly, averaging 99.900 Prev Mth=100 from Jan 2011 (Median) to Feb 2025, with 170 observations. The data reached an all-time high of 105.100 Prev Mth=100 in May 2021 and a record low of 96.300 Prev Mth=100 in Jul 2022. China Purchasing Price Index: MoM: Ferrous Metal Material data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IE: Purchasing Price Index: Previous Month=100.

View monthly updates and historical trends for Base Metal Price Index. Source: World Bank. Track economic data with YCharts analytics.

Indonesia Wholesale Price Index: Construction Materials: Commodities: Construction Material of Metal data was reported at 301.710 2000=100 in Dec 2008. This records a decrease from the previous number of 303.990 2000=100 for Nov 2008. Indonesia Wholesale Price Index: Construction Materials: Commodities: Construction Material of Metal data is updated monthly, averaging 123.840 2000=100 from Jan 2000 (Median) to Dec 2008, with 108 observations. The data reached an all-time high of 303.990 2000=100 in Nov 2008 and a record low of 97.740 2000=100 in Feb 2000. Indonesia Wholesale Price Index: Construction Materials: Commodities: Construction Material of Metal data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Indonesia Premium Database’s Inflation – Table ID.IB007: Wholesale Price Index: by Sector: Construction Materials.

Building materials made of steel, copper and other metals had some of the highest price growth rates in the U.S. in the first half of 2025 in comparison to the previous year. The growth rate of the cost of several construction materials was slightly lower than in late 2024. It is important to note, though, that the figures provided are Producer Price Indices, which cover production within the United States, but do not include imports or tariffs. This might matter for lumber, as Canada's wood production is normally large enough that the U.S. can import it from its neighboring country. Construction material prices in the United Kingdom Similarly to these trends in the U.S., at that time the price growth rate of construction materials in the UK were generally lower 2024 than in 2023. Nevertheless, the cost of some construction materials in the UK still rose that year, with several of those items reaching price growth rates of over **** percent. Considering that those materials make up a very big share of the costs incurred for a construction project, those developments may also have affected the average construction output price in the UK. Construction material shortages during the COVID-19 pandemic During the first years of the COVID-19 pandemic, there often were supply problems and material shortages, which created instability in the construction market. According to a survey among construction contractors, the construction materials most affected by shortages in the U.S. during most of 2021 were steel and lumber. This was also a problem on the other side of the Atlantic: The share of building construction companies experiencing shortages in Germany soared between March and June 2021, staying at high levels for over a year. Meanwhile, the shortage of material or equipment was one of the main factors limiting the building activity in France in June 2022.

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.

Japan Output Price Index: Mfg: Non Ferrous Metals: Metal Materials data was reported at 64.800 1990=100 in Jun 2000. This records a decrease from the previous number of 65.400 1990=100 for May 2000. Japan Output Price Index: Mfg: Non Ferrous Metals: Metal Materials data is updated monthly, averaging 76.900 1990=100 from Jan 1985 (Median) to Jun 2000, with 186 observations. The data reached an all-time high of 118.900 1990=100 in May 1985 and a record low of 59.800 1990=100 in Oct 1993. Japan Output Price Index: Mfg: Non Ferrous Metals: Metal Materials data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.I285: Output Price Index: Gross Weighted: 1990=100: Aggregate Commodity.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Iron and Steel (WPU101) from Jan 1926 to Sep 2025 about iron, steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

China WE: Metal Material: Tangible Fixed Assets: At cost data was reported at 99.509 RMB bn in 2018. This records an increase from the previous number of 88.416 RMB bn for 2017. China WE: Metal Material: Tangible Fixed Assets: At cost data is updated yearly, averaging 50.664 RMB bn from Dec 1999 (Median) to 2018, with 17 observations. The data reached an all-time high of 99.950 RMB bn in 2014 and a record low of 14.695 RMB bn in 2001. China WE: Metal Material: Tangible Fixed Assets: At cost data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Wholesale, Retail and Catering Sector – Table CN.RJC: Wholesale Enterprise: Metal Material.