HRC Steel fell to 809.02 USD/T on September 22, 2025, down 0.37% from the previous day. Over the past month, HRC Steel's price has fallen 2.17%, but it is still 9.33% 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 3,071 CNY/T on September 23, 2025, down 0.78% from the previous day. Over the past month, Steel's price has fallen 1.89%, and is down 2.01% 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 September 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.

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

Commodity Index: Multi Commodity Exchange of India: Future Price: Metal data was reported at 5,092.260 2001=1000 in 10 Dec 2018. This records an increase from the previous number of 5,053.790 2001=1000 for 07 Dec 2018. Commodity Index: Multi Commodity Exchange of India: Future Price: Metal data is updated daily, averaging 4,242.070 2001=1000 from Jun 2005 (Median) to 10 Dec 2018, with 3904 observations. The data reached an all-time high of 5,741.310 2001=1000 in 03 Sep 2013 and a record low of 1,466.410 2001=1000 in 04 Jul 2005. Commodity Index: Multi Commodity Exchange of India: Future Price: Metal data remains active status in CEIC and is reported by Multi Commodity Exchange of India. The data is categorized under India Premium Database’s Financial Market – Table IN.ZF004: Commodity Index.

China Settlement Price: Shanghai Future Exchange: Steel Wire Rod: 4th M data was reported at 3,470.000 RMB/Ton in Apr 2025. This records a decrease from the previous number of 3,546.000 RMB/Ton for Mar 2025. China Settlement Price: Shanghai Future Exchange: Steel Wire Rod: 4th M data is updated monthly, averaging 3,855.000 RMB/Ton from Mar 2009 (Median) to Apr 2025, with 193 observations. The data reached an all-time high of 6,592.000 RMB/Ton in Sep 2021 and a record low of 1,830.000 RMB/Ton in Nov 2015. China Settlement Price: Shanghai Future Exchange: Steel Wire Rod: 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.

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.

Explore the dynamics of iron ore price futures, their role in the global steel production industry, and the key factors influencing prices, including demand from China, global economic trends, currency fluctuations, and environmental regulations.

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Carbon Steel Market Size 2025-2029

The carbon steel market size is valued to increase by USD 197.5 billion, at a CAGR of 3.3% from 2024 to 2029. Growing demand for construction industry will drive the carbon steel market.

Market Insights

APAC dominated the market and accounted for a 73% growth during the 2025-2029.
By End-user - Construction segment was valued at USD 405.20 billion in 2023
By Type - Low carbon steel segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 29.44 billion 
Market Future Opportunities 2024: USD 197.50 billion
CAGR from 2024 to 2029 : 3.3%

Market Summary

Carbon steel, a versatile alloy of iron and carbon, is a cornerstone of global industries due to its exceptional strength, durability, and cost-effectiveness. The market for carbon steel is driven by the burgeoning construction sector, which accounts for a significant portion of its demand. Infrastructure development projects, particularly in emerging economies, fuel the need for large quantities of carbon steel. Moreover, the increasing adoption of sustainable manufacturing practices has led to the steel industry's evolution, with carbon steel being a key material in the production of green steel through the electric arc furnace process. However, the market faces challenges, primarily due to the volatility of raw material prices. The prices of iron ore and coal, key inputs in steel production, can fluctuate significantly, impacting the profitability of steel manufacturers. A real-world business scenario illustrates this challenge. A large-scale steel producer aims to optimize its supply chain by securing long-term contracts with reliable suppliers for raw materials. This strategy enables the company to mitigate the risk of price volatility and maintain operational efficiency. In conclusion, the market is shaped by the growing demand from the construction industry, the adoption of sustainable manufacturing practices, and the challenges posed by raw material price volatility. Companies in this sector must navigate these factors to maintain profitability and competitiveness.

What will be the size of the Carbon Steel Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free SampleCarbon steel, a versatile alloy, continues to dominate various industries due to its strength, durability, and cost-effectiveness. Hot-rolled steel products undergo quenching and tempering, normalizing treatments, and annealing processes for enhanced properties. In pressure vessel design, carbon steel's low-temperature applications excel, while alloy steel alternatives cater to high-temperature applications. Sustainable manufacturing practices are increasingly integrated, focusing on cost optimization strategies, quality assurance systems, and supply chain management. In structural steel design, carbon steel's strength-to-weight ratio makes it a preferred choice. Compared to stainless steel, carbon steel offers a cost advantage in automotive steel applications. Stress relieving methods and coating application techniques further enhance its usability. Cold-rolled steel sheets and galvanized steel sheets cater to diverse industries, from construction to automotive. Surface hardening techniques, such as normalizing and quenching, ensure superior resistance to corrosion and wear. Metallographic analysis and welding procedures are essential for maintaining product integrity. Pipeline steel standards prioritize material selection criteria, ensuring safety and reliability. Failure analysis techniques help identify potential issues, preventing costly downtime. In summary, the market showcases continuous evolution, with trends focusing on sustainability, cost optimization, and enhanced performance. Companies prioritize compliance with industry standards, ensuring the delivery of high-quality products. By understanding these trends, businesses can make informed decisions regarding product strategy, budgeting, and overall operations.

Unpacking the Carbon Steel Market Landscape

Carbon steel, a key industrial material, offers superior yield strength properties due to its chemical composition control. Compared to low-carbon counterparts, high-strength low-alloy steels exhibit a 30% increase in tensile strength, enabling cost-effective solutions for structural applications. Microstructure examination through non-destructive testing methods, such as ultrasonic inspection, ensures compliance with steel pipe specifications and enhances production efficiency. Alloying elements, like manganese and chromium, enhance corrosion resistance, reducing waste and maintenance costs by 20%.

Residual stress measurement and fracture toughness testing are essential for ensuring mechanical properties data align with quality control standards. Heat treatment processes, including

The global steel market, valued at $1,329,590 million in 2025, is projected to experience minimal growth over the forecast period (2025-2033), reflecting a CAGR of -1%. This stagnation, despite the continued demand from construction and infrastructure development globally, is primarily attributed to several factors. Increased production costs due to rising energy prices and raw material scarcity are impacting profitability, leading to cautious production expansions. Furthermore, growing environmental concerns and stricter regulations surrounding carbon emissions are forcing steel manufacturers to invest heavily in sustainable production methods, further affecting short-term growth. The competitive landscape is dominated by large integrated steel mills like China Baowu Group, ArcelorMittal, and Nippon Steel Corporation, who are strategically focusing on technological advancements and diversification into value-added products to mitigate the impact of slow growth. Regional variations are expected, with emerging economies potentially showing more dynamic growth than mature markets facing economic slowdown. The shift towards more sustainable steel production, including the adoption of electric arc furnaces and increased recycling, will likely influence the long-term outlook and redefine market dynamics. The relatively flat growth trajectory highlights the need for strategic adaptation within the industry. While infrastructure projects continue to fuel demand, the price sensitivity of steel and the increasing regulatory pressures necessitate a shift towards higher-value products and sustainable manufacturing processes. Key players are actively pursuing mergers and acquisitions, technological innovations (such as hydrogen-based steelmaking), and partnerships to improve efficiency and gain a competitive edge in a slowing market. The long-term success in the steel sector will hinge on the ability of companies to successfully navigate these challenges and embrace sustainable and technologically advanced solutions. Further analysis of regional data and specific segment performance would provide more granular insights into the market's future trajectory.

Iron Ore rose to 105.44 USD/T on September 19, 2025, up 0.19% from the previous day. Over the past month, Iron Ore's price has risen 3.86%, and is up 14.70% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Iron Ore - values, historical data, forecasts and news - updated on September of 2025.

In 2025, the price of platinum is forecast to hover around ***** U.S. dollars per troy ounce. Meanwhile, the cost of per troy ounce of gold is expected to amount to ***** U.S. dollars. Precious metals Precious metals are counted among the most valuable commodities worldwide. The most well known such metals are gold, silver and the platinum group metals. A precious metal can be used as an industrial commodity or as an investment. The major areas of application include the following sectors: technology, car-making, industrial manufacturing and jewelry making. Furthermore, gold and silver are used as coinage metals, and gold reserves are held by the central banks of many countries worldwide in order to store value or for use as a redemption medium. The idea behind this procedure is that gold reserves will help secure and stabilize the countries’ respective currencies. At ***** tons, the United States is the country with the most extensive stock of gold. It is kept in an underground vault at the New York Federal Reserve Bank. Russia, the United States, Canada, South Africa and China are the main producers of precious metals. Silver is the most abundant of the metals, followed by gold and palladium. Barrick Gold is the world’s largest gold mining company. The Toronto-based firm produced some **** million ounces of gold in 2020. The leading silver producers include Mexico-based Fresnillo, Poland’s KGHM Polska Miedž and the mining giant Glencore. Anglo Platinum and Impala are the key mining companies to produce platinum group metals. In 2023, Silver prices are expected to settle at around **** U.S. dollars per troy ounce. It is expected to remain the precious metal with the lowest value per ounce. The price of gold is forecast to drop to around ***** U.S. dollars per ounce, making it the most expensive precious metal in 2023.

Explore the factors influencing steel prices, including supply, demand, production costs, and geopolitical events. Understand the historical trends and the impact of COVID-19 on the steel market, providing insights for anticipating future price movements. Stay informed with current market reports for the latest updates.

Aluminum fell to 2,641.65 USD/T on September 22, 2025, down 1.16% from the previous day. Over the past month, Aluminum's price has risen 0.13%, and is up 5.90% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Aluminum - values, historical data, forecasts and news - updated on September of 2025.

Copper fell to 4.58 USD/Lbs on September 23, 2025, down 0.29% from the previous day. Over the past month, Copper's price has risen 2.46%, and is up 2.44% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Copper - values, historical data, forecasts and news - updated on September of 2025.

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

TraditionData’s Metals Markets Data & Pricing service delivers end-of-day data for precious metal forwards and volatility, focusing on the main precious metal benchmarks.

• Daily price assessments of futures prices for precious metals contracts.
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For a deeper understanding of this service, visit Metals Markets Data & Pricing.

Nickel fell to 15,200 USD/T on September 22, 2025, down 0.46% from the previous day. Over the past month, Nickel's price has risen 0.80%, but it is still 8.12% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Nickel - values, historical data, forecasts and news - updated on September of 2025.

China Settlement Price: Shanghai Future Exchange: Steel Rebar: 5th M data was reported at 3,087.000 RMB/Ton in Apr 2025. This records a decrease from the previous number of 3,203.000 RMB/Ton for Mar 2025. China Settlement Price: Shanghai Future Exchange: Steel Rebar: 5th M data is updated monthly, averaging 3,698.000 RMB/Ton from Mar 2009 (Median) to Apr 2025, with 194 observations. The data reached an all-time high of 5,731.000 RMB/Ton in Jul 2021 and a record low of 1,606.000 RMB/Ton in Nov 2015. China Settlement Price: Shanghai Future Exchange: Steel Rebar: 5th 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.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Titanium and Titanium-Base Alloy Mill Shapes (WPU102505) from Jan 1971 to Aug 2025 about titanium, mills, metals, commodities, PPI, inflation, price index, indexes, price, and USA.