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Steel rose to 2,949 CNY/T on June 6, 2025, up 0.31% from the previous day. Over the past month, Steel's price has fallen 4.69%, and is down 14.47% 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.
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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.
This statistic shows the producer price index of steel mill products in the United States from 2006 to 2019. In 2019, the price of steel mill products appeared as 207 on the index, compared to 100 in 1982.
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Graph and download economic data for Import Price Index (End Use): Iron and Steel Mill Products - Semifinished (IR141) from Jan 2025 to Apr 2025 about end use, iron, mills, steel, imports, production, price index, indexes, price, and USA.
Iron and steel scrap prices in the United States stood at around 325 U.S. dollars per metric ton in 2024, down from 339 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.
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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 Apr 2025 about steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.
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Get the latest insights on price movement and trend analysis of Steel Scrap in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Report Features | Details |
Product Name | Steel Scrap |
Industrial Uses | Used for manufacturing various goods, including home furnishings from metal beds to office equipment, steel lamps and steel tables, white goods, vehicles, electronics, machinery, and packaging, among others. |
Synonyms | Scrap metal, Metal Scrap, Ferrous Scrap |
HS Code | 72044910/ 72044900 |
Supplier Database | EVRAZ North America, China Steel Corporation (CSC), American Iron & Metal Company Inc., OmniSource, LLC, Hyundai Motor Company, TSR Recycling GmbH & Co. KG, European Metal Recycling Ltd., Innovative Metal Recycling, SA Recycling LLC, Schnitzer Steel Industries, Inc., Ward Recycling Ltd, Inc. |
Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
Currency | US$ (Data can also be provided in local currency) |
Supplier Database Availability | Yes |
Customization Scope | The report can be customized as per the requirements of the customer |
Post-Sale Analyst Support | 360-degree analyst support after report delivery |
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US iron and steel manufacturers, who are estimated to generate $108.4 billion in revenue for 2025, face a complex financial landscape after several years of fluctuating performance. While the industry has demonstrated a current period growth of 3.7% CAGR, the current year growth is estimated at 3.6%. Lower revenues in recent years were linked to depressed steel prices, caused by oversupply, sluggish demand in the construction and automotive sectors, and import competition. However, early 2025 has seen an uptick in prices driven partly by tariffs on imported steel, providing a glimmer of hope for improved earnings and profit, even as stricter EPA regulations on air quality and hazardous pollutants raise compliance costs. Characterized by a mix of large integrated producers and smaller specialized mills, the industry's structure is being reshaped by tariffs on foreign steel. While tariffs are boosting domestic manufacturers by creating a more favorable environment for domestic investment and job creation, they are also driving up costs for downstream industries such as automakers and construction firms. These tariffs, imposed to protect domestic producers, have contributed to higher US steel prices, even as manufacturers navigate increasingly stringent environmental regulations. The EPA's tougher air quality standards, targeting emissions from steelmaking processes, require costly investments in new equipment and process upgrades. As a result, the industry faces a complex landscape of trade tensions and varying profit impacts across different sectors. Looking ahead, the industry is expected to see growth stimulated by projected expansion in the domestic economy and large-scale federal infrastructure investments. Government initiatives, particularly those tied to infrastructure projects with “Buy America” provisions, are expected to bolster demand for domestically produced steel. The industry is projected to achieve a 1.7% CAGR through 2030, reaching $117.8 billion in revenue. Rising demand for green steel will also accelerate technology investments and transform production processes. Steelmakers will need to invest in expanding capacity, modernizing facilities and adopting advanced manufacturing technologies to meet anticipated demand and comply with evolving environmental standards.
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United States Steel stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.
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Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Iron and Steel (WPS101) from Jan 1967 to Apr 2025 about iron, steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.
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.
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Graph and download economic data for Unit Labor Costs for Manufacturing: Iron and Steel Mills and Ferroalloy Production (NAICS 3311) in the United States (IPUEN3311U101000000) from 1988 to 2024 about ferroalloy, unit labor cost, iron, mills, steel, NAICS, IP, production, manufacturing, and USA.
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United States - Producer Price Index by Commodity: Metals and Metal Products: Steel Mill Products was 288.46700 Index 1982=100 in March of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Steel Mill Products reached a record high of 449.71100 in December of 2021 and a record low of 9.80000 in July of 1939. 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: Steel Mill Products - last updated from the United States Federal Reserve on May of 2025.
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United States Import Price Index: BM: Iron and Steel data was reported at 230.800 2000=100 in Jun 2018. This records a decrease from the previous number of 231.400 2000=100 for May 2018. United States Import Price Index: BM: Iron and Steel data is updated monthly, averaging 166.900 2000=100 from Dec 1993 (Median) to Jun 2018, with 295 observations. The data reached an all-time high of 314.600 2000=100 in Jul 2008 and a record low of 88.900 2000=100 in Jan 2002. United States Import Price Index: BM: Iron and Steel data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.I030: Import and Export Price Index: 2000=100: By Harmonized Index.
The producer price index for iron and steel metals and metal products in the United States fell between 2018 and 2020. Prices for steel commodities in particular have fluctuated over the 2010s due to uncertain markets and international diplomacy.
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In the fourth quarter of 2023, the price of the HRB steel in the United States reached 1515 USD/MT by December. It encompasses an in-depth review of spot price of HRB steel at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of HRB steel price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
Product
| Category | Region | Price |
---|---|---|---|
HRB Steel | Metals | USA | 1515 USD/MT |
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Iron and Steel Price in the United States - 2023. Find the latest marketing data on the IndexBox platform.
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PPI: Mfg: FA: AS: PL: PF: PP: PO: Steel & Aluminum data was reported at 248.100 Dec1997=100 in Oct 2020. This records an increase from the previous number of 247.800 Dec1997=100 for Sep 2020. PPI: Mfg: FA: AS: PL: PF: PP: PO: Steel & Aluminum data is updated monthly, averaging 195.600 Dec1997=100 from Dec 1997 (Median) to Oct 2020, with 262 observations. The data reached an all-time high of 270.500 Dec1997=100 in Oct 2018 and a record low of 100.000 Dec1997=100 in Jan 1998. PPI: Mfg: FA: AS: PL: PF: PP: PO: Steel & Aluminum data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.I: Producer Price Index: by Industry: Manufacturing: Primary and Fabricated Metal Products.
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United States - Producer Price Index by Industry: Iron and Steel Mills and Ferroalloy Manufacturing: Hot Rolled Steel Bars, Plates, and Structural Shapes, Alloy was 124.19300 Index Dec 2010=100 in February of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Iron and Steel Mills and Ferroalloy Manufacturing: Hot Rolled Steel Bars, Plates, and Structural Shapes, Alloy reached a record high of 158.05500 in May of 2022 and a record low of 83.80000 in March of 2016. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Iron and Steel Mills and Ferroalloy Manufacturing: Hot Rolled Steel Bars, Plates, and Structural Shapes, Alloy - last updated from the United States Federal Reserve on May of 2025.
In 2021, iron and steel recycling in the U.S. stood at nearly 20 billion U.S. dollars, a year-over-year increase of over 90 percent. This increase was mainly associated with iron and steel scrap prices nearly doubling in the period. At over 400 U.S. dollars per metric ton, it was the highest price recorded in at least a decade.
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Steel rose to 2,949 CNY/T on June 6, 2025, up 0.31% from the previous day. Over the past month, Steel's price has fallen 4.69%, and is down 14.47% 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.