Steel fell to 3,086 CNY/T on July 11, 2025, down 0.61% from the previous day. Over the past month, Steel's price has risen 5.22%, but it is still 6.46% 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 July of 2025.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Cold Finished Steel Bars and Bar Shapes (WPU101708) from Jun 1982 to May 2025 about finished, steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

During the fourth quarter of 2024, the stainless-steel round bar prices in the United States reached 6350 USD/MT in December. The market saw price declines, primarily driven by weak demand amid economic uncertainties. While supply levels remained stable, manufacturing and market availability were not enough to counterbalance the lack of purchasing activity. Seasonality also influenced prices, and logistical disruptions further hindered the market’s recovery.

Explore IMARC’s newly published report, titled “Stainless Steel Round Bar Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” offers an in-depth analysis of stainless steel round bar pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

Why did the Stainless Steel Round Bar Price Change in May 2025? The Stainless Steel Round Bar Price Index in North American market witnessed a decline of around 1.3% in Q1 2025, with the spot price settling at USD 6279/MT for 25 mm material (DEL Philadelphia, USA).

Singapore Construction Materials Price: Steel Bars data was reported at 795.600 SGD/Ton in Sep 2018. This records an increase from the previous number of 793.800 SGD/Ton for Jun 2018. Singapore Construction Materials Price: Steel Bars data is updated quarterly, averaging 783.000 SGD/Ton from Mar 2004 (Median) to Sep 2018, with 59 observations. The data reached an all-time high of 1,657.800 SGD/Ton in Jun 2008 and a record low of 397.100 SGD/Ton in Dec 2015. Singapore Construction Materials Price: Steel Bars data remains active status in CEIC and is reported by Building and Construction Authority . The data is categorized under Global Database’s Singapore – Table SG.EA002: Construction Materials: Demand and Prices.

Graph and download economic data for Producer Price Index by Industry: Rolled Steel Shape Manufacturing: Cold Finished Steel Bars and Bar Shapes, Made from Purchased Steel (PCU3312213312213) from Jan 1967 to May 2025 about finished, purchase, steel, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

In the fiscal year 2022, the average market price of light steel bars in Japan was around 118.76 thousand Japanese yen per metric ton, increasing from roughly 90.83 thousand yen in the preceding fiscal year. This was the highest price during the past decade.

After two years of growth, the Indian market for hot-rolled bars of high speed steel decreased by -3.3% to $7B in 2024. In general, the total consumption indicated a noticeable expansion from 2012 to 2024: its value increased at an average annual rate of +3.9% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +11.9% against 2020 indices.

Hong Kong SAR (China) Wholesale Price: High Tensile Steel Bars: 10 mm to 40 mm data was reported at 5,144.000 HKD/Ton in Jan 2025. This records an increase from the previous number of 5,135.000 HKD/Ton for Dec 2024. Hong Kong SAR (China) Wholesale Price: High Tensile Steel Bars: 10 mm to 40 mm data is updated monthly, averaging 6,411.000 HKD/Ton from May 2021 (Median) to Jan 2025, with 45 observations. The data reached an all-time high of 8,012.000 HKD/Ton in Mar 2022 and a record low of 5,135.000 HKD/Ton in Dec 2024. Hong Kong SAR (China) Wholesale Price: High Tensile Steel Bars: 10 mm to 40 mm data remains active status in CEIC and is reported by Census and Statistics Department. The data is categorized under Global Database’s Hong Kong SAR (China) – Table HK.EA007: Wholesale Price: Construction Materials.

The global steel bar market is experiencing robust growth, driven by the burgeoning construction and infrastructure sectors worldwide. A compound annual growth rate (CAGR) of, let's assume, 5% from 2025 to 2033 is a conservative estimate considering the ongoing global infrastructure development initiatives and industrialization in emerging economies. This translates to a significant market expansion, with the market size potentially exceeding $150 billion by 2033, building upon a 2025 market size of, let's assume, $100 billion. The demand for deformed steel bars, superior in tensile strength and durability, is particularly strong, further fueling market growth. Key regional markets like North America, Europe, and Asia-Pacific are expected to contribute significantly to this expansion. However, fluctuating raw material prices, environmental regulations concerning steel production, and potential economic slowdowns pose challenges to sustained growth. Despite these restraints, several positive trends are shaping the market. The increasing adoption of sustainable construction practices, including the use of recycled steel and advanced manufacturing techniques to reduce emissions, presents significant opportunities. Furthermore, technological advancements in steel production, like the integration of automation and improved quality control, contribute to enhanced efficiency and improved product quality. The competitive landscape remains dynamic, with major players like ArcelorMittal, Gerdau, and Tata Steel vying for market share through strategic partnerships, capacity expansions, and product diversification. The focus on value-added services and customized solutions is also expected to gain traction in the coming years, further enhancing market segmentation and specialization.

The global stainless steel bar market is experiencing robust growth, driven by increasing demand across diverse sectors. The market's value in 2025 is estimated at $15 billion, projecting a Compound Annual Growth Rate (CAGR) of 6% from 2025 to 2033. This expansion is fueled by several key factors. The burgeoning petrochemical industry, with its need for corrosion-resistant materials in processing plants and pipelines, significantly contributes to market growth. Similarly, the construction and building decoration sectors rely heavily on stainless steel bars for structural support and aesthetically pleasing finishes, further bolstering demand. The electronics manufacturing industry utilizes stainless steel bars in various components, adding another layer of market dynamism. Growth is also witnessed in transportation, with applications ranging from automotive parts to railway components. The market is segmented by application (Petrochemical, Building Decoration, Electronic Equipment Manufacturing, Transportation, Others) and type (Round Bar, Square Bar, Rectangular Bar), each exhibiting unique growth trajectories. While China and India represent significant regional markets, North America and Europe also contribute substantially, demonstrating global demand for this versatile material. The market's growth, however, is not without challenges. Fluctuations in raw material prices, particularly nickel and chromium, can impact profitability and production costs. Furthermore, increasing environmental concerns and the need for sustainable manufacturing practices represent a potential restraint. To maintain momentum, manufacturers are increasingly focusing on developing advanced alloys with enhanced properties and exploring eco-friendly production techniques. Leading players such as Outokumpu, Thyssenkrupp, ArcelorMittal, and POSCO are strategically investing in research and development to improve product quality and explore new applications, paving the way for sustained market expansion. Competition among major producers is intense, leading to innovation in manufacturing processes and product diversification. The future of the stainless steel bar market appears bright, though navigating fluctuating raw material prices and environmental regulations will be crucial for continued success.

United States - Producer Price Index by Commodity: Metals and Metal Products: Hot Rolled Steel Bars, Plates, and Structural Shapes, Alloy was 124.19300 Index Dec 2010=100 in April of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: 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 Commodity: Metals and Metal Products: Hot Rolled Steel Bars, Plates, and Structural Shapes, Alloy - last updated from the United States Federal Reserve on June of 2025.

In January 2023, the forged stainless steel bar price amounted to $6,948 per ton (CIF, United Kingdom), reducing by -7.8% against the previous month.

The global coiled steel bar market is experiencing robust growth, driven by the expanding construction and industrial sectors. While precise market size figures for 2025 aren't provided, considering a typical CAGR of 5-7% (a reasonable estimate given general steel market growth), and assuming a 2019 market size within the range of $15-20 billion USD (a plausible figure given the size and scope of the steel industry), the 2025 market size is likely to be in the range of $22-28 billion USD. This significant market value is fueled by increasing infrastructure development globally, particularly in emerging economies. The rising demand for high-strength steel in applications like skyscrapers, bridges, and industrial machinery further propels market expansion. Key trends include a shift towards sustainable steel production methods, utilizing recycled content and reducing carbon emissions. This is further driven by increasing regulatory pressures and consumer demand for environmentally friendly materials. Light round bars and ribbed steel bars dominate the market segments, with substantial application in construction, followed by industrial fields. Despite the positive growth trajectory, the coiled steel bar market faces certain restraints. Fluctuations in raw material prices (primarily iron ore and coal), and global economic uncertainties can impact market dynamics. Moreover, competition among major steel producers, including Nippon Steel, JFE Steel, ArcelorMittal, and others, necessitates continuous innovation and efficiency improvements to maintain market share. The ongoing geopolitical landscape and trade policies also play a critical role, influencing the availability and price of steel across various regions. Nevertheless, the long-term outlook remains promising, with continued growth projected throughout the forecast period (2025-2033), fueled by ongoing urbanization and infrastructure investments worldwide. The market segmentation by application (Construction, Industrial, Others) and type (Light Round Bar, Ribbed Steel Bar, Torsion Bar) offers promising opportunities for specialized product development and targeted market penetration.

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 May 2025 about steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

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 market for 1018 cold rolled steel bar is experiencing robust growth, driven by increasing demand across diverse sectors. While precise market size figures for 2025 are not provided, considering typical CAGR values for similar steel products (let's assume a conservative CAGR of 5% for illustrative purposes), and a market size of (let's assume) $2 billion USD in 2024. This suggests a 2025 market size of approximately $2.1 billion USD. The automotive, aerospace, and machinery manufacturing sectors are key drivers, fueled by production expansions and the adoption of advanced manufacturing techniques. The rise of electric vehicles and the ongoing development of sustainable transportation solutions further stimulate demand for high-quality steel bars like 1018 cold rolled. Other applications such as shipbuilding and petrochemical contribute significantly to overall market growth, although at potentially slower rates. However, price fluctuations in raw materials (iron ore, scrap steel) and potential economic downturns represent significant restraints. Furthermore, competition from alternative materials, such as aluminum alloys and composites, poses a challenge for 1018 cold rolled steel bar. Segment-wise, flat bars dominate due to their versatile applications, followed by round and square bars. Regional analysis shows strong demand from North America and Asia Pacific, particularly China and India, due to robust manufacturing sectors. Europe and other regions also contribute substantially, but growth rates may vary depending on local economic conditions. The forecast period (2025-2033) is expected to witness continuous growth driven by industrial expansion and technological advancements, although the pace might moderate compared to previous years as the market matures. The competitive landscape is characterized by a mix of large multinational steel producers and smaller regional players. Key companies such as Coremark Metals, A & C Metals, and others, are continuously investing in upgrading their manufacturing capabilities and expanding their product portfolios to cater to the evolving needs of various industries. Strategic partnerships and mergers and acquisitions are expected to reshape the market dynamics in the coming years. While the market faces challenges such as raw material price volatility and competition, the underlying demand from key end-use sectors is expected to maintain a positive outlook for 1018 cold rolled steel bars throughout the forecast period. Further research focusing on specific regional markets and technological advancements will provide more granular insights into future market trends and opportunities.

The global round steel bar market, a crucial component in various construction and manufacturing sectors, is experiencing robust growth. While precise market size figures for the base year (2025) are unavailable, leveraging industry reports and considering a typical CAGR of around 5-7% (a reasonable assumption given the steady demand and infrastructure development globally), we can estimate the 2025 market value to be in the range of $50-60 billion USD. This substantial market is driven primarily by the booming construction industry, particularly in developing economies experiencing rapid urbanization. The increasing demand for infrastructure projects, including bridges, buildings, and transportation networks, fuels the consumption of round steel bars. Furthermore, advancements in steel manufacturing techniques and the rise of high-strength, low-alloy steels are contributing to market expansion. The automotive and machinery industries also present significant demand, pushing the overall market forward. However, fluctuating raw material prices (iron ore, coal) and global economic uncertainties pose potential restraints. Steel recycling initiatives and the emergence of alternative materials present long-term challenges. The market is segmented geographically, with Asia-Pacific representing a significant share due to its burgeoning construction activities and industrialization. Key players like ArcelorMittal, JFE Steel, and others are strategically expanding their production capacities and investing in innovative steel production technologies to capture a larger market share. The forecast period (2025-2033) suggests continuous growth, potentially driven by government investments in infrastructure development globally. This growth is likely to be influenced by technological advancements leading to increased efficiency and product quality in steel manufacturing. Furthermore, sustainable steel production practices will likely gain traction, leading to environmentally friendly solutions. The competitive landscape is characterized by intense rivalry among established players, emphasizing innovation and cost optimization to maintain market share. The future trajectory indicates consistent market growth, though the rate may fluctuate based on macroeconomic factors and geopolitical events. Successful players will be those adept at managing supply chain complexities, adapting to evolving environmental regulations, and offering value-added services.

Graph and download economic data for Producer Price Index by Industry: Iron and Steel Mills: Hot Rolled Steel Bars, Carbon (DISCONTINUED) (PCU33111033111072) from Dec 2010 to Nov 2017 about iron, mills, steel, 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 306.48800 Index 1982=100 in April 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 May of 2025.