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

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.

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

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.

Steel fell to 3,188 CNY/T on July 31, 2025, down 1.24% from the previous day. Over the past month, Steel's price has risen 5.21%, and is up 6.27% 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 August of 2025.

Why did the Steel Rebar Price Change in July 2025? The Steel Rebar Price Index in North America declined by approximately 1.4% quarter on quarter in Q2 2025, reflecting growing supply surpluses as downstream demand softened.

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Steel Rebars Market Size 2025-2029

The steel rebars market size is forecast to increase by USD 66.1 billion at a CAGR of 4.9% between 2024 and 2029.

The market is experiencing significant growth due to the increasing construction activities in various sectors, including residential, commercial, and infrastructure. This trend is driven by the global population growth and urbanization, leading to a surge in demand for new buildings and infrastructure projects. Moreover, innovations in steel rebars are contributing to the market's growth, with manufacturers focusing on enhancing the product's durability, strength, and corrosion resistance. However, the market faces challenges due to the fluctuation in prices of raw materials needed to manufacture steel rebars, such as iron ore and coal.
These price volatilities can impact the profitability of steel rebar manufacturers and may lead to supply chain disruptions. Companies seeking to capitalize on market opportunities and navigate challenges effectively should focus on implementing cost management strategies, exploring alternative raw material sources, and investing in research and development to offer innovative and sustainable steel rebar solutions.

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

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The steel rebar market continues to evolve, driven by the dynamic interplay of various factors. Applications in civil and structural engineering sectors remain a significant market driver, with infrastructure development and construction projects requiring large quantities of reinforcement bars for concrete structures. The ongoing unfolding of market activities is marked by advancements in rebar production techniques, such as hot and cold rolling, as well as the development of new steel grades and standards. Rebar diameters and lengths are continually being optimized for various applications, from high-rise buildings to residential construction. Seismic resistance and fire resistance are increasingly important considerations, leading to the adoption of new standards and technologies, such as epoxy and galvanized coatings.
Rebar testing and inspection play a crucial role in ensuring structural integrity, with the importance of quality control and certification growing. The supply chain, from steel mills to rebar distributors and fabricators, is undergoing continuous transformation, with advancements in logistics and technology streamlining the process. Green building initiatives are also influencing market dynamics, with an increasing focus on sustainable and eco-friendly construction materials. Precast concrete and prestressed concrete are gaining popularity due to their environmental benefits and improved mechanical properties. The market's continuous evolution is further underscored by advancements in rebar bending and cutting technologies, as well as the emergence of new applications, such as rebar spacing and rebar placement automation.
Overall, the steel rebar market is a vibrant and dynamic space, characterized by ongoing innovation and adaptation to changing market conditions.

How is this Steel Rebars Industry segmented?

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, identified by their raised patterns like lugs, ribs, or indentations, are essential building materials for constructing infrastructure with high strength and durability. These rebars are commonly used in the construction of buildings, bridges, highways, dams, and other structures where structural integrity is paramount. The increasing urbanization in developing countries, particularly in Asia and Africa, drives the demand for new infrastructure and housing projects, leading to a significant increase in the need for deformed steel rebars. Additionally, investments in infrastructure projects such as transportation networks, bridges, and dams create high demand for high-performance reinforcement materials. BS and ASTM standards regulate the production and quality of deformed steel rebars in the US, ensuring their mechanical properties meet specifications.

Steel mills and rolling mills manufacture these rebars using hot or cold rolling processes. Rebar lengths, diameters, and grades vary depending on the application and project requirements. Yield and tensile stren

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

Graph and download economic data for Producer Price Index by Industry: Fabricated Structural Metal Manufacturing: Fabricated Structural Metal Bar Joists and Concrete Reinforcing Bars (PCU3323123323121) from Jan 1965 to Jun 2025 about cement, fabrication, metals, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

United States - Producer Price Index by Commodity: Metals and Metal Products: Fabricated Structural Metal Bar Joists and Concrete Reinforcing Bars was 307.40500 Index 1982=100 in June 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 July of 2025.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Hot Rolled Steel Bars, Plates, and Structural Shapes (WPU101704) from Jun 1982 to Jun 2025 about steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

The Steel Rebar Market Report is Segmented by Type (Deformed, Mild), Diameter (Less Than Equal To 10 Mm, 10–20 Mm, 20–32 Mm, Greater Than 32 Mm), Production Process (Electric-Arc Furnace, Basic Oxygen Furnace, Induction Furnace), End-User Industry (Residential, Non-Residential), and Geography (Asia-Pacific, North America, Europe, South America, Middle East and Africa). The Market Forecasts are Provided in Terms of Volume (Tons).

The global deformed steel rebar market is experiencing robust growth, driven by a surge in construction activities worldwide, particularly in infrastructure and housing sectors. The market, estimated at $150 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 6% from 2025 to 2033, reaching an estimated value of approximately $250 billion by 2033. This growth is fueled by increasing urbanization, government initiatives promoting infrastructure development (roads, bridges, and buildings), and a rising demand for resilient and durable construction materials. Emerging economies in Asia-Pacific and the Middle East & Africa are key contributors to this expansion, showcasing significant infrastructural projects and housing developments. Technological advancements in steel production, leading to higher strength and improved durability of rebars, further contribute to market expansion. However, fluctuating raw material prices (iron ore and scrap steel), stringent environmental regulations impacting steel production, and economic downturns in certain regions pose challenges to the market's sustained growth. The market is segmented by type (e.g., Grade 60, Grade 75, and others) and application (infrastructure, housing, and industrial), with the infrastructure segment holding the largest market share due to large-scale projects globally. Key players in the market, including ArcelorMittal, Gerdau S.A., and Nippon Steel & Sumitomo Metal Corporation, are focusing on strategic partnerships, capacity expansions, and technological innovations to maintain their competitive edge and capitalize on the growth opportunities presented by this thriving market. Regional variations in growth rates exist, with Asia-Pacific expected to lead the market due to its rapid economic expansion and extensive construction activities.

Rebar Market Outlook

The global rebar market size was valued at approximately USD 180 billion in 2023 and is projected to reach around USD 270 billion by 2032, growing at a compound annual growth rate (CAGR) of 4.5% during the forecast period. This marketÂ’s growth is primarily driven by increasing construction activities, urbanization, and industrialization across various regions. Rebar, short for reinforcing bar, is a critical component in the construction industry used to support and strengthen concrete structures, thereby ensuring their longevity and stability.

One of the primary growth factors driving the rebar market is the surge in infrastructure development projects worldwide. Governments and private sectors are investing heavily in infrastructure to improve transportation, energy, and water systems. This surge is particularly evident in developing economies where urbanization is rapid, and there is a pressing need to build new roads, bridges, and public amenities. For instance, countries like China and India have launched ambitious infrastructure initiatives that require significant amounts of rebar, thus propelling the market forward.

Another significant factor contributing to market growth is the increasing demand for residential and commercial buildings. As populations continue to grow, there is an escalating demand for housing and commercial spaces. Rebar is essential in the construction of these buildings to ensure they can withstand various stressors and have a longer lifespan. Additionally, the trend of high-rise buildings in urban centers requires substantial quantities of high-strength rebar to provide the necessary support for these towering structures.

The rebar market also benefits from advancements in manufacturing technologies and materials. Innovations in rebar production, such as the development of corrosion-resistant and high-strength materials, are enhancing the performance and durability of rebars. These advancements are not only improving the quality of construction but also reducing long-term maintenance costs. Furthermore, the adoption of green building practices and sustainable construction materials is also bolstering the demand for environmentally-friendly rebar options.

The use of Rebar Tie Wire is crucial in the construction industry for securing reinforcing bars in place before concrete is poured. This wire ensures that the rebars maintain their intended positions during the concrete setting process, which is vital for the structural integrity of the construction. The flexibility and strength of rebar tie wire make it an indispensable tool for construction workers, allowing for quick and efficient tying of rebars. As construction projects continue to grow in scale and complexity, the demand for high-quality rebar tie wire is expected to rise, driving innovation and improvements in its production.

Regionally, the Asia Pacific region holds the largest share of the global rebar market, driven by rapid urbanization and industrialization in countries like China, India, and Southeast Asian nations. North America and Europe are also significant markets due to ongoing infrastructure renovations and the construction of new commercial spaces. In contrast, the Middle East and Africa are witnessing growth due to increased investments in infrastructure and construction to support economic diversification and urban development.

Type Analysis

The rebar market can be segmented by type into carbon steel rebar, epoxy-coated rebar, stainless steel rebar, galvanized rebar, and others. Carbon steel rebar is the most commonly used type due to its cost-effectiveness and availability. It is widely used in various construction applications, including residential, commercial, and industrial projects. Its high tensile strength and ability to bond well with concrete make it an ideal choice for reinforcing concrete structures. However, carbon steel rebar is prone to corrosion, which can compromise the integrity of the structure over time.

Epoxy-coated rebar, on the other hand, addresses the corrosion issue by providing a protective layer over the steel. This type of rebar is particularly useful in environments that are exposed to moisture and chemicals, such as marine structures and industrial facilities. The coating helps to extend the lifespan of the rebar and, consequently, the structure it reinforces. Despite its higher cost compared to carbon steel rebar, the long-term benefits of reduced

The Steel Rebar Market size is expected to reach a valuation of USD 350.0 billion in 2033 growing at a CAGR of 5.00%. The Steel Rebar Market research report classifies market by share, trend, demand, forecast and based on segmentation.

FOB India TMT Rebar (Fe 500D, 12mm) prices saw slight YoY drops: Oct -2%, Nov -3%, Dec -4%. Track the stable TMT rebar price trends in India.

The global Steel Rebar market stood at approximately 354 million tonnes in 2024 and is anticipated to grow at a CAGR of 3.64% during the forecast period until 2035.

The size of the Steel Rebar Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 5.74% during the forecast period. Steel rebar, commonly referred to as a reinforcing bar, plays a crucial role in the construction industry by providing reinforcement for concrete structures. While concrete is capable of supporting substantial loads, it exhibits weakness under tensile stress. The incorporation of steel rebar allows concrete to withstand such tensile forces. There are primarily two categories of steel bars: mild steel bars and deformed steel bars. The announcement of new construction projects by the government aimed at enhancing transportation infrastructure, along with a reduction in steel rebar prices, are significant factors driving market growth. Furthermore, the initiation of large-scale projects in developing nations has been contributing positively to market expansion. Additionally, advancements in thermo-mechanical technology aimed at improving steel quality are further supporting market growth. However, challenges such as steel corrosion, high fabrication costs, and fluctuations in raw material prices pose limitations to market development. 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: Availability of Substitutes for Steel Rebar, Other Restraints. Notable trends are: Growing Demand from the Non-Residential Sector.

HRC Steel rose to 847.04 USD/T on August 1, 2025, up 0.84% from the previous day. Over the past month, HRC Steel's price has fallen 4.29%, but it is still 24.38% 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.

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.