Steel decreased 101 Yuan/MT or 3.05% since the beginning of 2025, 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 March of 2025.

Get the latest insights on price movement and trend analysis of Stainless Steel (304) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Explore the factors influencing stainless steel prices per kilogram in 2023, including grade variations, global demand, and supply chain challenges. Understand the impact of raw material costs and geopolitical policies on stainless steel pricing for grades 304, 316, and 410.

Explore the factors influencing the cost of stainless steel 316 per kilogram, including market trends, material components, and purchasing strategies in 2023. Discover why this durable alloy is a top choice for various industrial applications, despite price fluctuations.

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 66 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 nine percent in fiscal year 2024.

Explore the fluctuating prices of 316L stainless steel, influenced by market demand, economic conditions, and raw material costs. Learn about its applications in the chemical, marine, and medical industries, and discover factors affecting its price, from alloying elements to regional variations.

After demand for steel dropped during the arrival of the COVID-19 pandemic in 2019, steel prices also took a hit. However, in 2021, hot-rolled coil (HRC) steel prices were projected to rebound to around 555 U.S. dollars per metric ton—a 15 percent recovery from the dip in prices that had continued into 2020.

The U.S. market by the end of 2021 The United States is among the markets where hot-rolled coil (HRC) steel prices are the highest in the world. It was expected that U.S. steel distributors and producers, such as Nucor and United States Steel, would benefit from the steel tariffs on U.S. imports that came into effect in the spring of 2018. At the same time, U.S. imports from the countries subjected to the so-called Section 232 tariffs were projected to decline. By the end of 2021, Canada was the main country of origin for the U.S.’s imports for consumption of steel products.

Impact on the Chinese market Even though a large part of China's steel exports to the United States had already been restricted through antidumping or countervailing duties, trade tensions put pressure on steel markets worldwide, including China. Chinese steel product imports amounted to 717.7 million U.S. dollars, making it the ninth country of origin for steel products in the United States. Overall, rolled steel was the seventh largest category of Chinese export goods in 2021, amounting to almost 529 billion yuan (approximately 82 billion U.S. dollars). This comes after China's steel sector had a drop in sales to its domestic auto sector in early 2019.

China Transaction Price: 36 City Avg: Stainless Steel: 1.0, 304/2B Cold Roll data was reported at 15,314.720 RMB/Ton in Jan 2025. This records a decrease from the previous number of 15,410.900 RMB/Ton for Dec 2024. China Transaction Price: 36 City Avg: Stainless Steel: 1.0, 304/2B Cold Roll data is updated monthly, averaging 17,612.690 RMB/Ton from Apr 2008 (Median) to Jan 2025, with 202 observations. The data reached an all-time high of 33,048.000 RMB/Ton in May 2008 and a record low of 13,029.000 RMB/Ton in Feb 2016. China Transaction Price: 36 City Avg: Stainless Steel: 1.0, 304/2B Cold Roll data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PA: Price Monitoring Center, NDRC: Transaction Price: Production Material: Steel.

Explore the factors influencing the current market price of stainless steel 303, a popular alloy valued for its machinability and corrosion resistance, with insights on pricing trends, supply chain variables, and economic conditions.

Explore the factors affecting the price of stainless steel 316 per kilogram, including market demand, production costs, and global economic conditions. Learn how elements like raw material pricing, geopolitical factors, and exchange rates contribute to fluctuations between $3 to $5 USD per kilogram.

Explore the factors affecting the price of stainless steel 316, known for its high corrosion resistance. Understand how market demand, raw material costs, geopolitical influences, and supply chain dynamics influence pricing. Learn why quotes from multiple suppliers and industry databases are crucial for obtaining accurate market rates.

HRC Steel increased 180.96 USD/T or 25.52% since the beginning of 2025, 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.

In May 2024, the price of one metric ton of nickel stood at some 19,586.98 U.S. dollars. In comparison, in December 2016, the price of nickel was just below 10,000 U.S. dollars per metric ton. Thus, the nickel price has increased considerably in recent years, though it continuously fluctuates. In the beginning of 2022, however, the price of nickel skyrocketed due to disruptions to supply chains and a wide scarcity of raw materials and metals. Overview of nickel Discovered in 1751, nickel is a base metal with a silvery-white lustrous appearance that has a slightly golden tinge. The metal is crucial for many global industries, especially, for example, for the production of stainless-steel. Nickel is highly corrosion-resistant and is used to plate other metals in order to protect them. Because of these useful traits, nickel is used in more than 300,000 products worldwide, spanning from architectural, industrial, military, transportation and aerospace, marine, currency, and consumer applications. Nickel price dynamics Though nickel is the fifth most abundant element found on Earth, as with any commodity, the price of nickel can vary widely depending on global market conditions. Following the collapse of the Soviet Union, exports of nickel increased dramatically, dropping the price of nickel in the mid-1990s to below production costs. Nickel production in the Western Hemisphere was reduced during that period. Prices then increased again, up to a high of 52,179 U.S. dollars per metric ton in May 2007. Since then, nickel prices have decreased, and have remained between a low of 8,299 U.S. dollars per metric ton and a high of 18,584 U.S. dollars per metric ton between 2016 and 2021. It is forecast that the price of nickel will amount to more than 17,000 U.S. dollars per metric ton in 2025.

Explore the factors affecting the price of Stainless Steel 321, a titanium-stabilized alloy known for its high-temperature resistance and corrosion protection. Learn about pricing influences, applications in demanding environments, and considerations when purchasing, while staying updated on market trends and supplier comparisons.

Cyprus Construction Materials Price Index: MP: Iron & Steel: Structural Steel data was reported at 105.306 2005=100 in Dec 2013. This stayed constant from the previous number of 105.306 2005=100 for Nov 2013. Cyprus Construction Materials Price Index: MP: Iron & Steel: Structural Steel data is updated monthly, averaging 106.362 2005=100 from Jan 2005 (Median) to Dec 2013, with 108 observations. The data reached an all-time high of 151.490 2005=100 in Sep 2008 and a record low of 93.348 2005=100 in Jan 2010. Cyprus Construction Materials Price Index: MP: Iron & Steel: Structural Steel data remains active status in CEIC and is reported by Statistical Service of Cyprus. The data is categorized under Global Database’s Cyprus – Table CY.EA008: Construction Materials Price Index: 2005=100.

Discover the factors influencing the price of stainless steel rod 304 per kilogram, including market fluctuations, geographical location, and material composition. Explore how dimensions, quality, and supplier dynamics can impact costs, ranging from $2 to $4 per kilogram as of 2023. Learn why this versatile alloy is in high demand across various industries for its excellent corrosion resistance and forming capabilities.

At the end of fiscal year 2024, the Wholesale Price Index of steel pipes and tubes across India was 138. This meant an increase in the WPI of 38 percent from the base year of 2012. India was the second largest steel producer in the world during the same period, just after China.

Explore the factors affecting stainless steel (SS) pipe prices per kilogram, including grade variations, supplier differences, and market conditions. Learn about SS 304 and 316 pricing, regional effects, and how global economic influences impact costs.

Explore the factors influencing SS 304 stainless steel pricing, including market demand, raw material costs, and geographic location. Understand how volume purchases and global events impact price per kg, with estimates ranging from $2 to $5.

Explore the fluctuating costs of stainless steel grade 316 per kilogram, influenced by market demand, raw material availability, and geopolitical factors. Learn about the impact of nickel, chromium, and molybdenum on pricing, and how additional factors like supply chain disruptions and inflation affect the market.