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.

HRC Steel fell to 876.95 USD/T on July 11, 2025, down 0.57% from the previous day. Over the past month, HRC Steel's price has risen 1.73%, and is up 31.87% compared to the same time last year, 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 the fourth quarter of 2023, the price of the flat steel in the USA reached 3479 USD/MT by December. Similarly, in China, the flat steel prices hit 1858 USD/MT in the same month. The Germany also saw flat steel prices reaching 3125 USD/MT during Q4 2023.

Explore IMARC’s newly published report, titled “Flat Steel Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of flat steel pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

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

During the last quarter of 2024, the stainless steel plate prices in the USA reached 3785 USD/MT in December. As per the stainless steel plate price chart, the availability of nickel and chromium determined market trends, and changes in feedstock costs affected the pricing. Dynamics were also influenced by domestic production levels and international trade regulations. Although steady supply circumstances occasionally helped keep costs under control, mill output changes and industrial demand occasionally caused instability.

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

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Iron and Steel (WPU101) from Jan 1926 to May 2025 about iron, steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

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

Steel Prices: Delhi: Kalkaji Market: Girders: 125x75 mm data was reported at 35,000.000 INR/Metric Ton in Jun 2016. This records a decrease from the previous number of 38,000.000 INR/Metric Ton for Mar 2016. Steel Prices: Delhi: Kalkaji Market: Girders: 125x75 mm data is updated quarterly, averaging 43,000.000 INR/Metric Ton from Mar 2014 (Median) to Jun 2016, with 10 observations. The data reached an all-time high of 48,000.000 INR/Metric Ton in Dec 2014 and a record low of 35,000.000 INR/Metric Ton in Jun 2016. Steel Prices: Delhi: Kalkaji Market: Girders: 125x75 mm data remains active status in CEIC and is reported by Directorate of Economics and Statistics, Government of NCT of Delhi. The data is categorized under India Premium Database’s Metal and Steel Sector – Table IN.WAC012: Steel Prices: NCT of Delhi: Kalkaji Market (Discontinued).

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 *** U.S. dollars per metric ton—a ** 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 ***** 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 *** billion yuan (approximately ** billion U.S. dollars). This comes after China's steel sector had a drop in sales to its domestic auto sector in early 2019.

Steel Prices: Delhi: Kalkaji Market: Mild Steel Sheets Galvanised Plain: 1.25 mm Thickness data was reported at 52,000.000 INR/Metric Ton in Jun 2016. This stayed constant from the previous number of 52,000.000 INR/Metric Ton for Mar 2016. Steel Prices: Delhi: Kalkaji Market: Mild Steel Sheets Galvanised Plain: 1.25 mm Thickness data is updated quarterly, averaging 52,000.000 INR/Metric Ton from Mar 2014 (Median) to Jun 2016, with 6 observations. The data reached an all-time high of 62,000.000 INR/Metric Ton in Jun 2014 and a record low of 47,000.000 INR/Metric Ton in Dec 2015. Steel Prices: Delhi: Kalkaji Market: Mild Steel Sheets Galvanised Plain: 1.25 mm Thickness data remains active status in CEIC and is reported by Directorate of Economics and Statistics, Government of NCT of Delhi. The data is categorized under India Premium Database’s Metal and Steel Sector – Table IN.WAC012: Steel Prices: NCT of Delhi: Kalkaji Market (Discontinued).

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Fabricated Steel Plate (WPU10760102) from Dec 2001 to May 2025 about fabrication, steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

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Carbon Steel Market Size 2024-2028

The carbon steel market size is forecast to increase by USD 187.59 billion at a CAGR of 3.58% between 2023 and 2028.

The market is experiencing significant growth, driven primarily by the increasing demand in the construction industry for its durability and cost-effectiveness. This sector's expansion is further fueled by the global shift towards sustainable manufacturing practices, as carbon steel's production process emits less greenhouse gases compared to other steel types. However, the market is not without challenges. Volatile prices of raw materials, such as iron ore and coal, pose a significant threat to market growth. Producers must navigate these price fluctuations to maintain profitability and remain competitive. To capitalize on market opportunities and navigate challenges effectively, companies must focus on operational efficiency, supply chain optimization, and strategic sourcing of raw materials. Additionally, investments in research and development to improve production processes and create value-added products can differentiate market players and provide a competitive edge. Overall, the market presents a compelling growth opportunity for investors and businesses, with the potential for significant returns in the long term.

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

Request Free SampleCarbon steel, a fundamental component in construction and engineering, continues to shape industries with its versatile properties and evolving trends. Steel architecture's growth is driven by stringent safety standards and advanced forming processes, leading to innovative product development. Traceability and certification are crucial in ensuring steel's quality and reliability, while R&D and collaborations propel industry 4.0 and circular economy initiatives. Microstructure analysis and inspection standards play a pivotal role in enhancing steel's performance and sustainability. Simulation, testing methods, and optimization software facilitate efficient manufacturing processes and smart steel applications. Industry associations and partnerships foster knowledge exchange and digitalization, enabling a competitive market landscape. Steel's investment potential lies in its versatility, as it adapts to various engineering applications and welding processes. Sustainability initiatives and quality control measures further strengthen its appeal. Green steel, a promising trend, focuses on reducing carbon emissions and improving overall environmental impact. In the realm of steel manufacturing, collaboration, innovation, and adherence to industry standards are key to staying competitive. The future holds exciting possibilities as steel continues to adapt and evolve, offering endless opportunities for businesses.

How is this Carbon Steel Industry segmented?

The carbon steel industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. End-userConstructionShipbuildingAutomotiveTransportationOthersTypeLow carbon steelMedium carbon steelHigh carbon steelProductLong SteelFlat SteelTubular SteelGeographyAPACChinaIndiaJapanEuropeFranceGermanyItalyUKNorth AmericaUSCanadaMiddle East and AfricaEgyptKSAOmanUAESouth AmericaArgentinaBrazil

By End-user Insights

The construction segment is estimated to witness significant growth during the forecast period.Carbon steel plays a pivotal role in various industries, including construction, manufacturing, energy, and transportation. In the construction sector, carbon steel's high strength and ductility make it an ideal choice for constructing high-rise buildings, tech parks, roads, highways, bridges, and other infrastructure projects. The global construction industry is experiencing moderate growth, driven by the increasing demand for residential and commercial buildings worldwide. Heavy equipment and industrial machinery also rely heavily on carbon steel for their manufacturing due to its heat resistance and wear resistance. The energy sector utilizes carbon steel pipes and plates for their high strength-to-weight ratio and corrosion resistance, making them suitable for transporting oil and gas. Steel manufacturers employ various processes such as forming, finishing, optimization, and recycling to produce different grades of carbon steel, including high strength steel, stainless steel, and alloy steel. These grades cater to diverse applications, including automotive, aerospace, and advanced technology industries. Steel suppliers and distributors play a crucial role in the steel supply chain by ensuring timely delivery of steel products to various industries. Steel prices are influenced by several factors, including production costs, demand, and market conditions. Steel research an

The Electrical Steel market in North America experienced modest stability in Q1 2025, characterized by a quarter-ending price of USD 5,710/MT for Electrical Steel (M15-C5) Coil delivered to Tijuana, USA. This price remained stable compared to Q4 2024, where fluctuations were more pronounced due to shifting demand dynamics and supply chain adjustments. During the previous quarter, prices ranged widely as the market reacted to various influences, including heightened demand from the growing electric vehicle and renewable energy sectors.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Carbon Steel Scrap (WPU101211) from Dec 1986 to May 2025 about steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Steel Pipe and Tube, Stainless Steel (WPU10170674) from Dec 2010 to May 2025 about steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

Graph and download economic data for Producer Price Index by Industry: Fabricated Structural Metal Manufacturing: Fabricated Structural Iron and Steel for Industrial Buildings Metal Bar Joists, Short Span (PCU33231233231211) from Jun 2011 to May 2025 about fabrication, iron, steel, metals, buildings, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

Why did the Steel Plate Price Change in May 2025? The Steel Plate Price Index in North American market inclined during Q1 2025, with prices settling at USD 1279/MT Ex Works Texas (USA) for 20 mm Steel Plate, reflecting an overall increase in comparison to Q4 2024.

The electrical steel prices in the United States for Q3 2024 reached 5895 USD/MT in September. The prices of electrical steel in the country exhibited a sustained upward trajectory throughout Q3, reflecting a favorable market environment. Year-over-year price growth highlighted this positive momentum, with prices increasing in the second half of Q3 in comparison to the first.

Steel Prices: Delhi: Kalkaji Market: Mild Steel Round Bars: 10 mm Diameter data was reported at 37,000.000 INR/Metric Ton in Jun 2016. This records a decrease from the previous number of 40,000.000 INR/Metric Ton for Mar 2016. Steel Prices: Delhi: Kalkaji Market: Mild Steel Round Bars: 10 mm Diameter data is updated quarterly, averaging 43,500.000 INR/Metric Ton from Mar 2014 (Median) to Jun 2016, with 10 observations. The data reached an all-time high of 49,000.000 INR/Metric Ton in Jun 2014 and a record low of 37,000.000 INR/Metric Ton in Jun 2016. Steel Prices: Delhi: Kalkaji Market: Mild Steel Round Bars: 10 mm Diameter data remains active status in CEIC and is reported by Directorate of Economics and Statistics, Government of NCT of Delhi. The data is categorized under India Premium Database’s Metal and Steel Sector – Table IN.WAC012: Steel Prices: NCT of Delhi: Kalkaji Market (Discontinued).

The global steel market size attained a volume of around 1738.39 MMT in 2024. The market is projected to grow at a CAGR of 2.24% between 2025 and 2034 to reach a volume of nearly 2169.48 MMT by 2034. The growing demand in the steel market is due to the increasing infrastructure investments and expanding sectors including automotive and construction. Rising urbanization needs and an increasing need for durable materials in urban development projects have motivated the growth to a great extent. Since the automotive industry requires high-quality steel products to manufacture vehicles, it plays a significant role in steady growth. Steel usage for the production of components that are quantitatively effective is expected to be driven by the renewable energy sectors, particularly the wind and solar energy industries. The steel sector is set to grow as global infrastructure investment rises, with a particular emphasis on developing high-performance materials in line with environmental pledges.