The steel rebar prices in the United States for Q3 2024 reached 860 USD/MT in September. The region experienced notable price drops amid declining demand and excess supply. Prices consistently trended downward, with a minor decrease at the end of the quarter. This persistent bearish sentiment highlighted ongoing challenges in stabilizing the market as excess supply continued to weigh heavily on pricing dynamics.

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.

In 2023, the price of ** to 32mm steel reinforcement bars in Singapore was at approximately ****** Singapore dollars per metric ton. This was a decrease from its market price in the previous year.

In Q3 2025, North America Steel Rebar Price Index rose by 6.47% quarter-over-quarter, Q3 2025, tariff support. Check detailed insights for Europe and APAC.

Explore the 2023 trends and factors affecting steel rebar prices in construction and infrastructure, influenced by global economic conditions, supply chain issues, and market demand.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Fabricated Structural Metal Bar Joists and Concrete Reinforcing Bars (WPU1074051) from Jan 1961 to Sep 2025 about cement, fabrication, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

The highest price for one metric ton of reinforcing steel in Russia was observed in the Far Eastern federal district in the first quarter of 2021 at ****** Russian rubles. Reinforcing steel price was more than ************* Russian rubles lower in the Volga federal district.

The average concrete reinforcing bar import price stood at $648 per ton in February 2025, falling by -26.3% against the previous month.

Graph and download economic data for Producer Price Index by Industry: Iron and Steel Mills: Concrete Reinforcing Bar, Carbon (DISCONTINUED) (PCU33111033111075) from Dec 2010 to Nov 2013 about cement, iron, mills, steel, PPI, industry, inflation, price index, indexes, price, and USA.

Current spot price plus 1-month and 1-year forecasts for Steel Rebar (Europe) as published on ChAI Predict.

In the second quarter of financial year 2025, the cost of a 16 mm steel bar in the Indian cities of Chennai and Hyderabad reached ** Indian rupees per kilogram. However, in Delhi, the steel was slightly more affordable. Compared to the previous year, there was a noticeable increase in steel prices across all cities. The significant uptick in the cost of steel in India towards the end of 2020, was believed to be a result of China’s increased demand for Indian iron ore. Crude steel India’s crude steel production has been growing steadily, with the basic oxygen furnace (BOF) being the preferred production method. While both private and public sector companies contribute to this production, the private sector, dominates the market. JSW Steel, in particular, has the highest production capacity in India, contributing significantly to the country’s position as the world’s second-largest producer of steel. Steel consumption in India Steel consumption in India has been on a steady rise, with the country’s rapid industrialization and development in sectors such as construction, automobile, and infrastructure. This upward trend in steel consumption is estimated to persist, with an annual growth rate of **** percent in fiscal year 2024.

The global deformed reinforcing steel bar market is a substantial industry, experiencing steady growth driven by the burgeoning construction sector worldwide. Infrastructure development projects, particularly in emerging economies experiencing rapid urbanization, are significant contributors to market expansion. While the exact market size in 2025 requires further specification, a reasonable estimate considering typical industry growth rates and the scale of global construction activity might place it in the range of $150 billion to $200 billion. This robust growth is projected to continue at a Compound Annual Growth Rate (CAGR) of around 5-7% over the forecast period (2025-2033), fueled by increasing demand for durable and high-strength steel in concrete reinforcement. Trends such as the adoption of sustainable construction practices and the increasing use of advanced steel grades with enhanced properties are further driving market growth. However, fluctuating raw material prices (iron ore, scrap steel), geopolitical uncertainties impacting international trade, and potential regulatory changes related to carbon emissions pose significant restraints to market expansion. The market is segmented based on various factors, including product type (diameter, grade), application (residential, commercial, infrastructure), and geographical region. Key players like ArcelorMittal, Hesteel Group, and Baowu Group dominate the market landscape, showcasing their global presence and production capabilities. The competitive landscape is characterized by both large multinational corporations and regional players. Competition is fierce, driven by price pressures and the need for continuous innovation in product offerings and manufacturing processes. The market is expected to witness further consolidation in the coming years as companies seek to enhance their market share and expand their global reach. Strategic partnerships, mergers and acquisitions, and investments in research and development are expected to shape the market dynamics over the forecast period. Regional variations in market growth will be influenced by factors such as the pace of construction activity, government regulations, and economic conditions. Regions with strong infrastructure development plans and supportive government policies will likely experience faster growth compared to regions with slower economic development. Detailed regional analysis, considering factors like construction expenditure, building permits issued, and urbanization rates, would provide a clearer picture of the market potential in different regions.

United States - Producer Price Index by Commodity: Metals and Metal Products: Fabricated Structural Metal Bar Joists and Concrete Reinforcing Bars was 311.67600 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: Fabricated Structural Metal Bar Joists and Concrete Reinforcing Bars reached a record high of 378.62500 in January of 2024 and a record low of 27.10000 in March of 1963. 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 Metal Bar Joists and Concrete Reinforcing Bars - last updated from the United States Federal Reserve on November of 2025.

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.

The average monthly price for all diameters of rebar (reinforcing bar) iron in Egypt amounted to 10.05 thousand Egyptian pounds per metric ton (which is comparable to 638.66 U.S. dollars per metric ton) in August 2020, which illustrated a drop by roughly 3.5 percent. Between January 2019 and August 2020, the mean price fluctuated between 10.05 thousand Egyptian pounds per metric ton in August 2020, and 12.35 thousand Egyptian pounds per metric ton (784.63 U.S. dollars per ton) from July to September 2019. Within the period under investigation, an overall negative trend can be recognized in the data.

China Settlement Price: Shanghai Future Exchange: Steel Rebar: 3rd M data was reported at 3,098.000 RMB/Ton in Nov 2025. This records an increase from the previous number of 3,089.000 RMB/Ton for Oct 2025. China Settlement Price: Shanghai Future Exchange: Steel Rebar: 3rd M data is updated monthly, averaging 3,663.000 RMB/Ton from Mar 2009 (Median) to Nov 2025, with 201 observations. The data reached an all-time high of 5,873.000 RMB/Ton in Sep 2021 and a record low of 1,628.000 RMB/Ton in Nov 2015. China Settlement Price: Shanghai Future Exchange: Steel Rebar: 3rd M data remains active status in CEIC and is reported by Shanghai Futures Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Shanghai Futures Exchange: Commodity Futures: Settlement Price.

Provide market price information on rebar for construction materials.

In March 2025, the average concrete reinforcing bar import price amounted to $677 per ton, growing by 5.9% against the previous month.

Indonesia Wholesale Price Index: Construction Materials: Commodities: Reinforcing Steel (Rebar) data was reported at 96.290 2023=100 in Nov 2025. This records an increase from the previous number of 95.800 2023=100 for Oct 2025. Indonesia Wholesale Price Index: Construction Materials: Commodities: Reinforcing Steel (Rebar) data is updated monthly, averaging 97.920 2023=100 from Feb 2024 (Median) to Nov 2025, with 22 observations. The data reached an all-time high of 98.780 2023=100 in Feb 2024 and a record low of 94.860 2023=100 in Jul 2025. Indonesia Wholesale Price Index: Construction Materials: Commodities: Reinforcing Steel (Rebar) data remains active status in CEIC and is reported by Statistics Indonesia.IB: Wholesale Price Index: by Sector: Construction Materials.

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Steel Rebars Market Size 2025-2029

The steel rebars market size is valued to increase USD 66.1 billion, at a CAGR of 4.9% from 2024 to 2029. Demand for steel rebars due to growing construction activities will drive the steel rebars market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 53% growth during the forecast period.
By Type - Deformed segment was valued at USD 141.60 billion in 2023
By Application - Residential segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 40.42 billion
Market Future Opportunities: USD 66.10 billion
CAGR : 4.9%
APAC: Largest market in 2023

Market Summary

The market is a dynamic and continually evolving industry that plays a crucial role in the construction sector. With the surge in infrastructure development and real estate projects worldwide, the demand for steel rebars has witnessed significant growth. According to recent reports, the market share in the construction industry is estimated to reach 40% by 2025, underscoring their indispensable role in modern construction. Core technologies and applications, such as pre-stressed and post-tensioned rebars, continue to innovate, enhancing the durability and efficiency of structures.
Meanwhile, product categories like deformed and plain bars cater to various applications, from residential to commercial projects. However, the market faces challenges, including the fluctuation in prices of raw materials needed to manufacture steel rebars, such as iron ore and coal. Despite these hurdles, opportunities abound, including the increasing adoption of sustainable manufacturing processes and the expansion of the market in emerging economies.

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

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How is the Steel Rebars Market Segmented and what are the key trends of market segmentation?

The steel rebars 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

  Deformed
  Mild


Application

  Residential
  Commercial
  Public infrastructure


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Type Insights

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

Deformed steel rebars, characterized by their raised patterns, are a vital component in the construction industry due to their enhanced grip on concrete. These rebars, manufactured through cold twisting or hot rolling, are widely utilized in building projects, infrastructure development, and civil engineering, including bridges, highways, dams, and other structures requiring high strength and durability. The global construction sector's ongoing expansion, particularly in developing countries like Asia and Africa, propels the demand for new infrastructure and housing projects, significantly increasing the need for deformed steel rebars. Moreover, investments in infrastructure projects, such as transportation networks and dams, necessitate the use of high-strength and durable reinforcement materials.

The market for deformed steel rebars experiences continuous growth as a result of these factors. According to recent industry reports, the adoption of deformed steel rebars in the construction sector has risen by approximately 18%, and industry experts anticipate a further increase of around 15% in the coming years. Additionally, the market for high-strength rebar patterns, such as epoxy-coated and deformed bar patterns, is projected to expand significantly due to their superior mechanical properties, including ultimate tensile strength, shear strength, and yield strength. Rebar quality control is crucial in ensuring the durability and safety of structures.

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The Deformed segment was valued at USD 141.60 billion in 2019 and showed a gradual increase during the forecast period.

Concrete cracking analysis, rebar inspection procedures, and rebar surface treatment techniques, such as thermal spraying, are essential to maintain the structural integrity of buildings and infrastructure. Rebar fabrication methods, including welding and splicing techniques, and reinforcement detailing software, are continuously evolving to improve efficiency and accuracy. The market for structural steel connections, reinforcement steel grades, and rebar bending machines is also growing, driven by the need for stronger, more efficient construction techniques. In conclusion, the market for deformed steel rebars is a dynamic and evolving sector that play