HRC Steel fell to 826.05 USD/T on August 18, 2025, down 0.71% from the previous day. Over the past month, HRC Steel's price has fallen 5.38%, but it is still 25.92% 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.

Steel fell to 3,149 CNY/T on August 18, 2025, down 1.50% from the previous day. Over the past month, Steel's price has fallen 0.76%, but it is still 3.11% higher 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 August of 2025.

China Settlement Price: Shanghai Future Exchange: Steel Rebar: 2nd M data was reported at 3,044.000 RMB/Ton in Apr 2025. This records a decrease from the previous number of 3,112.000 RMB/Ton for Mar 2025. China Settlement Price: Shanghai Future Exchange: Steel Rebar: 2nd M data is updated monthly, averaging 3,760.000 RMB/Ton from Mar 2009 (Median) to Apr 2025, with 194 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.

Daily sample data for Hot Rolled Coil Steel HRC timestamped in Chicago time

This statistic presents the leading metals futures and options contracts traded worldwide in 2018, by volume. The Steel Rebar Futures contract traded on the Shanghai Futures Exchange led the ranking in 2018, with volume amounting to approximately ****** million.

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

China Settlement Price: Shanghai Future Exchange: Steel Rebar: 4th M data was reported at 3,085.000 RMB/Ton in Apr 2025. This records a decrease from the previous number of 3,185.000 RMB/Ton for Mar 2025. China Settlement Price: Shanghai Future Exchange: Steel Rebar: 4th M data is updated monthly, averaging 3,713.000 RMB/Ton from Mar 2009 (Median) to Apr 2025, with 194 observations. The data reached an all-time high of 5,853.000 RMB/Ton in Sep 2021 and a record low of 1,607.000 RMB/Ton in Nov 2015. China Settlement Price: Shanghai Future Exchange: Steel Rebar: 4th 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.

The carbon steel market is valued at USD 1,140.16 billion in 2025 and is expected to reach USD 1,687.72 billion by 2035, reflecting a compound annual growth rate (CAGR) of 4% over the forecast period.

Attributes	Key Insights
Estimated Carbon Steel Market Size (2025)	USD 1,140.16 billion
Projected Carbon Steel Market Value (2035)	USD 1,687.72 billion
Value-based CAGR (2025 to 2035)	4%

Semi-annual Market Update

articular	Value CAGR
H1 (2024 to 2034)	3.5%
H2 (2024 to 2034)	3.7%
H1 (2025 to 2035)	3.9%
H2 (2025 to 2035)	4.1%

Analyzing Carbon Steel Market by Top Investment Segments

Carbon Content Segment	Market Share (2025)
Low Carbon Content Steel	58.4%

Product Type Segment	Market Share (2025)
Flat Product Type	72.5%

End Use Segment	CAGR (2025 to 2035)
Automotive	3.8%

Country-wise Insights

Countries	Value CAGR (2025 to 2035)
United States	4.6%
South Korea	4.5%
Japan	3.9%
India	3.8%
China	3.4%

Explore the intricate world of steel commodity trading, a vital component of the global steel industry, where producers, distributors, and consumers navigate price risks and market dynamics. Learn about the role of futures and options contracts, the impact of economic factors, and the evolving focus on sustainability in this comprehensive guide.

Copper prices are rising due to global supply constraints and tariffs, with expectations of continued increases and potential regional shortages.

The global automotive structural steel market was valued around USD 129,072 Million by 2025 and is expected to reach approximately USD 178,580.9 Million by 2035, at a CAGR of 3.3% between the forecasted years.

Metric	Value
Market Size in 2025	USD 129,072 Million
Projected Market Size in 2035	USD 178,580.9 Million
CAGR (2025 to 2035)	3.3%

Country-Wise Outlook

Country	CAGR (2025 to 2035)
United States	3.5%

Country	CAGR (2025 to 2035)
United Kingdom	3.1%

Region	CAGR (2025 to 2035)
European Union	3.3%

Country	CAGR (2025 to 2035)
Japan	3.0%

Country	CAGR (2025 to 2035)
South Korea	3.4%

Segmentation Outlook - Automotive Structural Steel Market

Manufacturing Process	Market Share (2025)
Hot Rolling Automotive Structural Steel	63.4%

Product Type	Market Share (2025)
High-Strength Automotive Structural Steel	68.9%

Competitive Outlook

Company Name	Estimated Market Share (%)
ArcelorMittal	15-18%
POSCO	12-15%
Nippon Steel Corporation	9-12%
thyssenkrupp AG	7-10%
Tata Steel	6-9%
Other Providers	36-43%

Type:Flat steel: Used in various applications, including construction, automotive, and manufacturing.Long steel: Includes rebars, wires, and beams, primarily used in construction and infrastructure.Product:Structural: Steel used in construction for supporting structures, such as beams and columns.Prestressing: High-strength steel used in concrete structures for reinforcing and reducing cracking.Application:Building & Construction: The largest application for steel, used in residential, commercial, and industrial buildings.Automotive: Steel is used in vehicle frames, bodies, and components.Electrical Appliances: Steel is used in transformers, motors, and other electrical equipment. Recent developments include: February, 2023: ArcelorMittal accelerates Fos’ decarbonisation through hydrogen - ArcelorMittal France is accelerating the decarbonisation of its steel processing through hydrogen. Spanish engineering company Idom has been contracted by “GravitHy”, the joint venture created last year by a consortium of energy and steel-related companies, to produce the pre-feasibility studies to build a green hydrogen-based direct reduced and hot briquetted iron (DRI/HBI) facility at the steelmaker’s plant in Fos-sur-Mer, southern France, Kallanish notes.The plant will generate green and low-carbon hydrogen to produce DRI that will be used either on-site as a feedstock for green steelmaking or traded globally as HBI. Construction is set to begin in 2024 for commissioning in 2027. The future facility is planned to have an annual throughput of 2 million tonnes of DRI. Located on the Mediterranean coast, the plant will have direct access to European trading markets.February, 2023: India’s Essar Group to re-enter steel business through organic and inorganic routes - India’s Essar Group has drawn up to re-enter the steel industry through organic and inorganic routes, company sources said on Monday, February 27.Essar Steel’s assets located in the western state of Gujarat were acquired by the combination of ArcelorMittal and Nippon Steel through the bankruptcy resolution process and has since 2019 been operated by ArcelorMittal Nippon Steel Limited (AMNS).Essar Group sources said that, while it has been shortlisted among bidders for NMDC Steel Limited’s 3 million mt greenfield steel mill project nearing completion in Chhattigarh state, the group is also exploring options to construct a greenfield steel mill in Odisha and Karnataka. The sources said that land is being actively sought in these two states as the latter offers sufficient supplies of iron ore.For starters, Essar Group would be looking to set up greenfield steel mills in a capacity range of 3-4 million mt per year, with the option to ramp it up to levels of 8-10 million mt per year in subsequent phases.February, 2023: Saudi Arabia announces another mega construction project - Saudi Arabian crown prince Mohammed bin Salman Al Saud announced the establishment of the New Murabba Development Company to construct the world's biggest modern downtown development in Riyadh. With the launch of this new development, Saudi Arabia's list of 15 upcoming mega projects has been increased by one.According to reports, the completion of the downtown area is anticipated for 2030, and it is projected to contribute SAR 180 billion ($48.6 billion) to non-oil GDP. 334,000 direct and indirect employment opportunities are anticipated to be generated by the project.Furthermore, the city, which will cover 19 square kilometers and be located at the intersection of King Salman and King Khalid roads to the northwest of Riyadh, will also be constructed with a focus on sustainability and featuring green areas as well as walking and cycling paths that aim to encourage productive lifestyles. Besides, it will also include a well-known museum, a university of technology and design, an immersive multi-purpose theater, and over 80 entertainment and cultural venues., February 2022: Severstal, a Russian alloy and mining company, revealed its ambitions to provide various bands of "green alloy" products with reduced emissions, citing rising consumer demand for goods made with sustainable manufacturing practices and the need for more information on carbon emissions reductions. Olga Kalashnikova, Severstal's head of environment, stated during the webinar on green alloy making that her department worked closely with the steel marketing team to meet growing customer demand for low-emissions alloy and had developed a green alloy methodology for its product line., July 2022: Outokumpu and Marcegaglia Group, a large industrial organization active in the alloy processing industry, agreed to the sale of the majority of Long Products' business operations. Outokumpu will concentrate on its primary industry, flat alloy goods. The deal includes the melting, rod, and bar activities of Long Products in Sheffield, the United Kingdom; the bar operations in Richburg, the United States; and the wire rod mill in Fagersta, Sweden. Outokumpu Long Products AB's operations in Sweden's Degerfors and Storfors are excluded from the transaction., March 2020: VDM Metals was officially acquired by Acerinox for USD 534.0 million. VDM Metals is a leader in R+D+I in the industry and specializes in creating and manufacturing unique alloys.. Notable trends are: Growing Prevalence of the automotive industry boosts the market growth.

The global flat steel market, valued at $738.53 million in 2025, is projected to experience steady growth, exhibiting a Compound Annual Growth Rate (CAGR) of 3.6% from 2025 to 2033. This growth is driven by several key factors, including the robust infrastructure development across emerging economies, particularly in Asia and the Middle East. Increased demand from the automotive and construction sectors also significantly contributes to the market's expansion. Technological advancements leading to higher efficiency in steel production and the rising adoption of high-strength low-alloy (HSLA) steels for improved durability and lightweight applications further fuel this positive trajectory. However, fluctuating raw material prices, particularly iron ore and coking coal, pose a significant challenge to consistent growth. Furthermore, stringent environmental regulations aimed at reducing carbon emissions are pushing manufacturers to adopt more sustainable production methods, representing both a challenge and an opportunity for innovation and investment. Despite potential restraints, the long-term outlook for the flat steel market remains optimistic. The increasing focus on sustainable development and the global shift towards greener infrastructure projects are expected to drive demand for eco-friendly steel products. Market segmentation by type (hot-rolled, cold-rolled, galvanized, etc.) and application (automotive, construction, appliances, etc.) reveals opportunities for specialized product development and targeted market penetration. Major players such as United Steel, Nippon Steel, Essar Steel, Tata Steel, Hyundai Steel, POSCO, SSAB, ArcelorMittal, Voestalpine, and ThyssenKrupp are actively engaged in strategic initiatives including mergers, acquisitions, and capacity expansions to maintain a competitive edge in this evolving market landscape. This report provides an in-depth analysis of the global flat steel market, valued at approximately $750 billion in 2023, projecting robust growth to surpass $1 trillion by 2030. We delve into market dynamics, key players, and future trends, offering actionable insights for businesses operating within this vital sector. The report utilizes rigorous data analysis and expert insights to paint a comprehensive picture of this dynamic market. High-search-volume keywords such as "flat steel market size," "cold-rolled steel trends," "hot-rolled steel applications," and "global steel production capacity" are strategically incorporated throughout.

Battery Metal Futures Trading Market Outlook

According to our latest research, the global Battery Metal Futures Trading market size reached USD 22.4 billion in 2024, reflecting the increasing demand for critical battery materials across multiple industries. The market is projected to grow at a robust CAGR of 12.8% during the forecast period, reaching an estimated USD 66.1 billion by 2033. This significant growth is primarily driven by the accelerated adoption of electric vehicles, expansion of renewable energy storage solutions, and heightened focus on supply chain security for strategic battery metals.

One of the primary growth factors for the Battery Metal Futures Trading market is the surging global demand for electric vehicles (EVs), which directly impacts the need for key battery metals such as lithium, cobalt, nickel, and graphite. As governments worldwide set ambitious targets for EV adoption and carbon neutrality, automakers are scaling up battery production capacities, driving up the consumption of these metals. Futures trading in battery metals has emerged as a crucial financial instrument, helping companies hedge against price volatility and secure long-term supply contracts. The growing sophistication of trading platforms and the introduction of new financial products tailored to battery metals are further fueling market expansion, providing greater transparency and liquidity for stakeholders across the value chain.

Another vital driver is the increasing integration of renewable energy sources like solar and wind, which necessitates advanced energy storage solutions. Battery storage systems, essential for grid stability and energy management, rely heavily on metals such as lithium and manganese. As energy storage projects proliferate, utilities and energy companies are leveraging battery metal futures contracts to manage procurement costs and mitigate supply risks. The entry of institutional investors and commodity trading houses into this market is also boosting trading volumes and fostering innovation in contract structures. This heightened participation is expected to enhance market maturity, attract new entrants, and drive further standardization of trading practices.

Additionally, the focus on supply chain resilience and ethical sourcing is prompting end-users, particularly in the automotive and electronics sectors, to secure long-term access to battery metals. Futures trading enables companies to lock in prices and ensure stable supply, reducing exposure to geopolitical uncertainties and regulatory fluctuations. The growing digitization of trading platforms, coupled with real-time data analytics and risk management tools, is making battery metal futures trading more accessible to a broader range of participants. As regulatory frameworks evolve and cross-border trading becomes more streamlined, the market is poised for sustained growth and increased globalization.

From a regional perspective, Asia Pacific continues to dominate the Battery Metal Futures Trading market, accounting for the largest share in 2024, followed by North America and Europe. The region’s leadership can be attributed to its robust manufacturing base, particularly in China, South Korea, and Japan, which are home to major battery producers and EV manufacturers. North America and Europe are witnessing rapid growth, driven by policy support, technological advancements, and significant investments in battery gigafactories. Meanwhile, Latin America and the Middle East & Africa are emerging as important suppliers of raw materials, further integrating into the global trading ecosystem. This dynamic regional interplay is shaping the competitive landscape and influencing market dynamics worldwide.

Metal Type Analysis

The battery metal futures trading market is segmented by metal type, including lithium, cobalt, nickel, graphite, manganese, and others. Among these, lithium remains the most actively traded metal, owing to its critical role in lithium-ion battery technologies that power electric vehicles and energy storage syste

Check out Market Research Intellect's Wear Steel Plate Market Report, valued at USD 4.21 billion in 2024, with a projected growth to USD 6.50 billion by 2033 at a CAGR of 6.34% (2026-2033).

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Stainless Steel Market Size 2023-2027

The stainless steel market size is forecasted to increase by 10,299.64 thousand tons at a CAGR of 3.38% between 2022 and 2027. Market growth relies on various factors, notably the increased consumption of high-strength stainless steel, propelled by its corrosion resistance and excellent mechanical properties. Additionally, economic expansion in China and India contributes significantly to market growth. As these nations continue to develop industrially and infrastructurally, the demand for stainless steel, particularly for construction and manufacturing applications, is expected to rise. This confluence of factors positions the market for substantial growth in the foreseeable future. Furthermore, the stainless steel market analysis report includes historic market data from 2017 to 2021. The stainless steel market forecast indicates robust expansion, driven by increasing demand for steel across various industries. The stainless steel market size growth is propelled by advancements in production technologies and the rise of sustainable manufacturing practices. Current stainless steel market trends show a surge in applications, particularly in construction and automotive sectors, underscoring its vital role in modern infrastructure.

What will be the Size of the Stainless Steel Market During the Forecast Period?

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Stainless Steel Market Segmentation

The stainless steel market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in 'USD Million' for the period 2023 to 2027, as well as historical data from 2017 to 2021 for the following segments

End-user Outlook 

  Metal products
  Mechanical engineering
  Automobile and transportation
  Infrastructure and construction
  Electrical engineering





Product Outlook

  Flat
  Long





Region Outlook

  North America

    The US
    Canada


  Europe

    The UK
    Germany
    France
    Rest of Europe


  APAC

    China
    India


  Middle East and Africa

    Saudi Arabia
    South Africa
    Rest of the Middle East and Africa


  South America

    Argentina
    Brazil
    Chile

By End-user

The market share growth by the metal products segment will be significant during the forecast period. The use of stainless steel in metal products provides an aesthetic appeal, extensive textures, strength, functionality, corrosion resistance properties, and ease of cleaning properties such products, driving the growth of steel manufacturing. The demand for stainless steel for manufacturing metal products is high due to its ease of fabrication and mechanical properties.

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The metal products segment showed a gradual increase in the market share of 20,426.71 thousand t in 2017. Stainless steel is used in jewelry, belt buckles, clips, casings, watch straps and backs, cooker hoods, outdoor kitchen cabinets, worktops, drainers, sinks, and others. It is also used in kitchen vessels due to its hygiene properties, durability, and resilience to food discoloration and spoilage. The shift in consumer preference toward hygienic and easy-to-clean products is likely to increase the demand for stainless steel in metal products during the forecast period.

By Region

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APAC is estimated to account for 76% of the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. APAC has some of the largest stainless steel-producing countries in the world, such as China, Japan, South Korea, and India. China was the largest producer and consumer of stainless steel in 2020. Manufacturers are shifting to the consumption of scrap steel and stainless steel as raw materials to reduce pollution as well as manufacturing costs. These factors will drive the growth of the market in APAC during the forecast period.

Stainless Steel Market Dynamics

The market plays a vital role across various sectors, including residential housing, building & construction, railways, and automotive & transportation. Its resistance to corrosion surpasses that of carbon steel, making it a preferred choice. Renowned companies like Jindal Steel and Daido Steel contribute to its production capacities. Stainless steel finds applications in diverse architectural elements such as railings, roofing, and staircases, offering both pliability and appealing aesthetic properties. Moreover, it serves industrial needs like heat exchangers and tubulars, alongside providing swimming pool shades, canopies, and atriums with durability and low maintenance cost during repair and re

The global hot-rolled steel sheet market is experiencing robust growth, driven by the expanding automotive, construction, and machinery industries. The market size in 2025 is estimated at $150 billion, with a Compound Annual Growth Rate (CAGR) of 5% projected from 2025 to 2033. This growth is fueled by several key factors. Firstly, the ongoing infrastructure development globally, particularly in emerging economies, significantly boosts demand for construction-grade hot-rolled steel sheets. Secondly, the automotive industry's continuous innovation and production increase, particularly in electric vehicles requiring high-strength steel, fuels substantial market expansion. Thirdly, the rising demand for durable and cost-effective appliances further contributes to market growth. However, fluctuating raw material prices, particularly iron ore, and environmental concerns surrounding steel production pose significant challenges. The market is segmented by application (automotive, construction, home appliances, machinery, others) and type (hot-rolled low carbon steel sheet, hot-rolled structural steel sheet, hot-rolled high-strength steel sheet, others). The automotive and construction sectors currently dominate the market share, while the demand for high-strength steel sheets is expected to grow rapidly due to its superior properties. Major players like JFE Steel, Tata Steel, ArcelorMittal, and POSCO are actively shaping the market through technological advancements and strategic partnerships. The Asia-Pacific region, particularly China and India, holds the largest market share, driven by rapid industrialization and infrastructure projects. Nevertheless, North America and Europe also present substantial growth opportunities due to ongoing renovation and infrastructure development initiatives. The projected market size in 2033 is approximately $230 billion, reflecting a substantial increase from the 2025 estimate. This growth is expected to be relatively consistent throughout the forecast period, though potential economic downturns or significant shifts in raw material costs could impact this projection. The market's segmentation provides opportunities for specialized steel manufacturers to cater to specific industry needs, leading to further innovation and market diversification. Competitive pressures remain high, prompting continuous improvement in production efficiency and the development of more sustainable steel manufacturing processes. The market will likely see increased consolidation as larger players seek to expand their global reach and market share. Furthermore, the increasing emphasis on sustainable and environmentally friendly steel production practices will shape future market dynamics.

Check out Market Research Intellect's Hot Rolled Steel Bars Market Report, valued at USD 180 billion in 2024, with a projected growth to USD 250 billion by 2033 at a CAGR of 5.0% (2026-2033).

Check out Market Research Intellect's Hot-rolled Steel Sheet Market Report, valued at USD 150 billion in 2024, with a projected growth to USD 220 billion by 2033 at a CAGR of 5.0% (2026-2033).

The Europe steel market size reached USD 236.9 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 260.1 Billion by 2033, exhibiting a growth rate (CAGR) of 1.15% during 2025-2033. The widespread product utilization in the construction industry, growing product applications in the automotive industry, increasing product demand for manufacturing home appliances, and the implementation of favorable policies by the regional governments represent some of the key factors driving the market.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 236.9 Billion
Market Forecast in 2033	USD 260.1 Billion
Market Growth Rate 2025-2033	1.15%

IMARC Group provides an analysis of the key trends in each segment of the Europe steel market report, along with forecasts at the regional and country levels for 2025-2033. Our report has categorized the market based on type, product, and application.