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.

Explore the dynamics of the rebar market, essential for construction stability, influenced by construction demand, raw material costs, and economic conditions. Learn how factors like global steel production, COVID-19 impacts, steel prices, innovation in rebar types, and trade policies shape rebar prices.

China Settlement Price: Shanghai Future Exchange: Steel Rebar: 2nd M data was reported at 2,992.000 RMB/Ton in Nov 2025. This records a decrease from the previous number of 3,009.000 RMB/Ton for Oct 2025. China Settlement Price: Shanghai Future Exchange: Steel Rebar: 2nd M data is updated monthly, averaging 3,789.000 RMB/Ton from Mar 2009 (Median) to Nov 2025, with 201 observations. The data reached an all-time high of 5,835.000 RMB/Ton in Sep 2021 and a record low of 1,687.000 RMB/Ton in Nov 2015. China Settlement Price: Shanghai Future Exchange: Steel Rebar: 2nd 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.

Explore the factors influencing rebar prices, including raw material costs, global demand, and market speculation. Understand the impacts of COVID-19, environmental regulations, and international trade on this critical construction commodity.

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.

The Composite Rebar Market report segments the industry into Product Type (Glass Fiber Reinforced Polymer Rebar (GFRP Rebar), Carbon Fiber Reinforced Polymer Rebar (CFRP Rebar), Basalt Fiber Reinforced Polymer Rebar (BFRP Rebar)), Application (Highways, Bridges & Buildings, Marine Structures & Waterfronts, Water Treatment Plants, Other Applications), and Geography (Asia-Pacific, North America, Europe, and more.)

Discover the booming global rebar market! Our comprehensive analysis reveals key trends, growth drivers, major players (ArcelorMittal, Gerdau, Nippon Steel), and regional market shares from 2019-2033. Learn about the impact of construction growth, sustainability initiatives, and economic fluctuations on rebar prices and demand.

Explore the factors influencing rebar prices in 2023, including raw material costs, global demand, trade policies, and regional dynamics. Learn how iron ore prices, energy costs, and economic activities impact steel production and construction demands, affecting rebar price trends globally.

Provide market price information on rebar for construction materials.

Discover the latest market trends in the booming carbon steel rebars industry. Our analysis reveals a robust CAGR, key drivers, and major players like ArcelorMittal and Baowu Group shaping this multi-billion dollar market. Explore regional insights and future growth projections for 2025-2033.

The global deformed steel rebar market is experiencing robust growth, driven by the burgeoning construction industry worldwide. The market size in 2025 is estimated at $150 billion, exhibiting a Compound Annual Growth Rate (CAGR) of 6% from 2025 to 2033. This growth is fueled by significant infrastructure development projects globally, particularly in emerging economies experiencing rapid urbanization and industrialization. The increasing demand for housing, both residential and commercial, further contributes to this market expansion. Furthermore, the rising adoption of sustainable construction practices, including the utilization of high-strength rebar to enhance structural integrity and reduce material usage, is positively impacting market growth. Key regional markets include North America, Europe, and Asia-Pacific, with significant contributions from countries like China, India, and the United States. However, the market faces certain challenges. Fluctuations in steel prices, influenced by raw material costs and global economic conditions, represent a significant restraint. Moreover, concerns surrounding environmental impact and carbon emissions associated with steel production are prompting the industry to explore more sustainable alternatives. Stringent environmental regulations in several regions are further adding to the cost of production and potentially slowing down market growth. Nonetheless, the long-term outlook remains positive, driven by sustained growth in construction activities and the continuous development of innovative steel products tailored for enhanced performance and sustainability. Segmentation by type (e.g., 60, 75, and others) and application (infrastructure, housing, industrial) offers insights into specific market niches and opportunities for specialized players. The competitive landscape comprises both global giants and regional players, fostering innovation and competition. This report provides a detailed analysis of the global deformed steel rebar market, encompassing production, consumption, key players, and future trends. With an estimated market value exceeding $150 billion USD annually, this industry is crucial to global infrastructure development. This in-depth study will equip stakeholders with actionable insights to navigate this dynamic landscape.

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.

The global steel rebar market, valued at approximately $XX million in 2025, is projected to experience robust growth, driven by a Compound Annual Growth Rate (CAGR) of 5.74% from 2025 to 2033. This expansion is fueled by several key factors. Firstly, the burgeoning global construction industry, particularly in rapidly developing economies across Asia-Pacific and regions like the Middle East and Africa, is a significant driver. Infrastructure projects, including roads, bridges, and high-rise buildings, necessitate substantial quantities of steel rebar for reinforcement. Secondly, the increasing adoption of sustainable construction practices, while demanding higher-quality materials, also boosts demand. Finally, government initiatives focused on infrastructure development and housing projects in various regions further amplify market growth. The market is segmented by rebar type (deformed and mild) and end-user industry (residential, commercial, infrastructure, and institutional). Deformed rebar currently dominates the market due to its superior strength and bonding properties. While the residential sector contributes significantly, the infrastructure and commercial sectors are expected to witness the fastest growth due to large-scale projects. However, fluctuating raw material prices, particularly iron ore, and potential economic downturns pose significant restraints to market growth. Key players like ArcelorMittal, Tata Steel, and Nucor Corporation are actively shaping the market through strategic investments and technological advancements. The competitive landscape is characterized by both established multinational corporations and regional players. Competition is intense, with companies focusing on product differentiation, cost optimization, and strategic partnerships to gain market share. While Asia-Pacific holds a substantial market share, driven primarily by China and India's construction booms, North America and Europe also represent significant markets. The forecast period (2025-2033) anticipates a continued rise in demand, fueled by ongoing infrastructure development and urbanization worldwide. However, the market's susceptibility to global economic fluctuations and raw material price volatility necessitates careful monitoring and strategic planning for all stakeholders. The market is expected to see an increase in the use of high-strength rebar and innovative manufacturing processes aimed at improving efficiency and sustainability. Recent developments include: February 2022: Nucor Corporation announced that it completed its acquisition of a majority ownership position in California Steel Industries, Inc. (CSI), resulting in CSI becoming a joint venture company owned 51% by Nucor and 49% by JFE Steel. CSI is a flat-rolled steel converter that can produce more than two million tons of finished steel and steel products annually.. Key drivers for this market are: Rapidly Growing Construction Industry in Asia-Pacific Region, Increasing Commercial Construction; Other Drivers. Potential restraints include: Rapidly Growing Construction Industry in Asia-Pacific Region, Increasing Commercial Construction; Other Drivers. Notable trends are: Growing Demand from the Non-Residential Sector.

Discover the booming steel merchant and rebar market! Our analysis reveals a $500 billion market in 2025, projected to reach $707 billion by 2033, driven by infrastructure growth and urbanization. Learn about key players, market trends, and regional insights.

The global steel rebar market is booming, projected to reach $265 billion by 2033, driven by infrastructure development and construction growth. Discover key trends, leading companies (ArcelorMittal, Baowu Group, Tata Steel), and regional market analysis in this comprehensive market report.

Discover the booming global rebar market! Explore a comprehensive analysis of market size ($150B projected for 2025), CAGR, key drivers, restraints, and regional trends until 2033. Learn about leading companies and investment opportunities in this dynamic sector.

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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

Steel Rebar Market Size Surpasses $ 372.41 Bn by 2031 with a CAGR of 5.4%. The significant growth in manufacturing technology and increasing focus on product innovations are expected to provide lucrative growth opportunities for the steel rebar marke

The global steel rebar market size reached USD 259.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 411.5 Billion by 2033, exhibiting a growth rate (CAGR) of 5.3% during 2025-2033. The heightened investments in infrastructure development around the world, increasing construction of several residential and commercial buildings, and rising need for durable and cost-effective construction materials capable of withstanding harsh climatic conditions are supporting the market growth.