Steel rose to 2,962 CNY/T on June 27, 2025, up 0.44% from the previous day. Over the past month, Steel's price has fallen 2.02%, and is down 10.27% 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 June of 2025.

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.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Steel Mill Products (WPU1017) from Jan 1939 to May 2025 about mills, steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

In 2024, the producer price index (PPI) for iron and steel in Japan stood at *** index points on average, decreasing from ****** points in the previous year. The lowest producer price of iron and steel within the preceding decade was in 2016, with a PPI of ***** points. What determines the price of steel products? Steelmaking requires several raw materials and plenty of energy. Japan has hardly any significant resources to satisfy either demand domestically. Therefore, the country imports iron ore and coking coal, the crucial raw materials needed to produce steel by using blast furnaces. Accordingly, the price depends on the overall energy price and a steady raw material supply – primarily from Australia. For recycling, steel scrap can be added to a certain degree within the conventional process or re-melted in electric arc furnaces. The latter process entails high electricity consumption, making recycled steel of this kind expensive. Carbon-neutral steel: a matter of price Ample carbon emissions are caused by removing excess carbon left from the carbon-based reduction of the iron oxides. Consequently, one strategy is to adjust steel plants to carbon-neutral reducing agents, such as green or blue hydrogen. Carbon capture, usage, and storage (CCUS), still in development, could offset further emissions on top.The trade-off for implementing these measures and using sustainable energy had called for a gradual transition. Ironically, the latest price increases in fossil fuels could spur ecological investments even more than the contested CO2-emission-based premium included in the petroleum and coal tax.

United States - Producer Price Index by Commodity: Metals and Metal Products: Steel Pipe and Tube, Stainless Steel was 140.87600 Index Dec 2010=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Steel Pipe and Tube, Stainless Steel reached a record high of 169.93400 in May of 2022 and a record low of 88.60000 in September 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: Steel Pipe and Tube, Stainless Steel - last updated from the United States Federal Reserve on June of 2025.

HRC Steel fell to 883 USD/T on June 27, 2025, down 0.23% from the previous day. Over the past month, HRC Steel's price has risen 5.75%, and is up 31.01% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for HRC Steel.

In 2023, the price of fabricated structural steel in the United Kingdom has fallen by over ** percent. That came after the cost of that building material soared between 2020 and 2022. Most of that price increase happened in 2021, with a growth rate of **** percent that year. Structural steel is widely used for construction because it is durable, malleable, and strong, while also being cheaper than many other metals. For example, it is often used as a structural material for skyscrapers and other buildings, as well as for infrastructure. Why has the price of steel increased? Those price increases seen until 2022 have not just affected the UK, but many other countries around the world. For example, the cost of fabricated structural metal in the U.S. and that of structural steel and other steel products in Germany reached their highest growth rate in 2022. Supply chain disruptions along with a decrease in the global production of crude steel in 2020 were some of the main reasons for those price hikes in 2021. In addition to that, the price of iron ore, which is the main component of steel, and energy also had a strong impact on the final price of steel products those years. Largest steel producers In the past couple of years, China was by far the largest steel producer in the world, with a production volume that was well over ***** times higher than that of the second country in the ranking: India. Although the United States was also on that list along with Japan and Russia, it was not among the leading exporters of steel. The reason for that discrepancy is that a big share of the production in countries of the size of the U.S., China, and India goes to fill their own domestic needs. Meanwhile, **** of the ** companies with the highest output of steel came from China, with the rest coming from Luxembourg, Japan, South Korea, India, and the U.S.

Raw materials price index (RMPI) by North American Product Classification System (NAPCS) 2017 Version 2.0. Monthly data are available from January 1981. The table presents data for the most recent reference period and the last four periods. The base period for the index is (202001=100).

Sri Lanka Construction Materials Price Index: Reinforced Cement Steel data was reported at 643.000 1990=100 in Aug 2018. This stayed constant from the previous number of 643.000 1990=100 for Jul 2018. Sri Lanka Construction Materials Price Index: Reinforced Cement Steel data is updated monthly, averaging 277.550 1990=100 from Jan 1993 (Median) to Aug 2018, with 308 observations. The data reached an all-time high of 663.800 1990=100 in Sep 2008 and a record low of 106.600 1990=100 in May 1993. Sri Lanka Construction Materials Price Index: Reinforced Cement Steel data remains active status in CEIC and is reported by Central Bank of Sri Lanka. The data is categorized under Global Database’s Sri Lanka – Table LK.I016: Construction Materials Price Index.

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.

Hong Kong Material Cost Index: Public: Galvanised Mild Steel data was reported at 357.700 Apr2003=100 in Sep 2018. This stayed constant from the previous number of 357.700 Apr2003=100 for Aug 2018. Hong Kong Material Cost Index: Public: Galvanised Mild Steel data is updated monthly, averaging 255.450 Apr2003=100 from Apr 2003 (Median) to Sep 2018, with 186 observations. The data reached an all-time high of 358.300 Apr2003=100 in Jul 2018 and a record low of 99.000 Apr2003=100 in May 2003. Hong Kong Material Cost Index: Public: Galvanised Mild Steel 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 – Table HK.EA003: Material Cost Index: Public Sector Construction: April 2003=100.

China Purchasing Price Index: Ferrous Metal Material data was reported at 95.700 Prev Year=100 in 2024. This records an increase from the previous number of 93.800 Prev Year=100 for 2023. China Purchasing Price Index: Ferrous Metal Material data is updated yearly, averaging 102.318 Prev Year=100 from Dec 1986 (Median) to 2024, with 39 observations. The data reached an all-time high of 174.100 Prev Year=100 in 1993 and a record low of 86.300 Prev Year=100 in 2009. China Purchasing Price Index: Ferrous Metal Material data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IE: Purchasing Price Index.

In 2019. the prices for all selected materials increased in China. Cement had an index value of 102.7, and rolled steel had an index value of just over 100. The price for steel and cement fluctuated over the years, whereas the price for timber remained relatively stable. Especially steel is very sensitive to global price changes because China depends on coal and iron imports.

United States - Producer Price Index by Industry: Material Recyclers: Stainless and Alloy Steel Scrap was 588.47200 Index Dec 1986=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Material Recyclers: Stainless and Alloy Steel Scrap reached a record high of 1153.78500 in March of 2022 and a record low of 83.60000 in November of 2001. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Material Recyclers: Stainless and Alloy Steel Scrap - last updated from the United States Federal Reserve on June of 2025.

At the end of fiscal year 2024, the Wholesale Price Index of metal products across India was around 139. This meant an increase in the WPI of more than 39 percent from the base year of 2012. An overall increase in the price index value was noted over the years from financial year 2013 in the country.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Stainless and Other Alloy Steel Scrap (WPU101212) from Dec 1986 to May 2025 about steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

The prices of many construction materials in the United Kingdom kept increasing in 2024, but more moderately than in previous years. There were also several building materials whose prices fell that year. One of the most extreme examples was the price of flexible plastic pipes and fittings, which rose by over ** percent that year. The price of a couple steel products fell by over ** percent that year. In late 2024, copper-based products were among the building materials with the highest price increases in the U.S.

The production price index (PPI) for construction materials and components in the United States decreased slightly in 2024. Up until 2020, construction prices had been rising fairly steadily. However, in the years after that construction producer prices have been very unstable. Production price index A PPI of *** in 2022, indicates that the real-world price has risen by *** percent in comparison to the base year - 1982 in this case. Similarly, under the same baseline, the PPI for construction machinery and equipment has also risen steadily until 2018. Like all prices, there are regional differences within the United States. The PPI acts as a measurement for the average changes in prices that domestic producers receive for their output. In the United States, the PPI is one of the oldest continuous statistical datasets published by the government. Common construction materials Some building materials are essential to construction work, and the decision on which to use is important for the life and the endurance of the building. Materials such as cement, steel, and sand are essential to many construction projects. The production of cement is tightly linked to the demand that comes from the construction industry. The durability and potency of steel gives it an advantage over wood and concrete, providing buildings with a higher resistance but a cheaper price tag. Sand is commonly used in buildings, but it is especially common in roads that require stones of various grades and granulation.

The Wholesale Price Index of semi finished stainless steel across India during financial year 2024 was around 136. The price index of stainless steel increased by about 36 percent from the base financial year of 2012. A huge increase in the index value of the stainless steel was seen in 2022.

Spain Building Price Index: Material: Canarias: Steel data was reported at 2,511.500 Jan1964=100 in Mar 2018. This records an increase from the previous number of 2,504.700 Jan1964=100 for Feb 2018. Spain Building Price Index: Material: Canarias: Steel data is updated monthly, averaging 1,164.600 Jan1964=100 from Jan 1981 (Median) to Mar 2018, with 447 observations. The data reached an all-time high of 2,511.500 Jan1964=100 in Mar 2018 and a record low of 470.700 Jan1964=100 in Jan 1981. Spain Building Price Index: Material: Canarias: Steel data remains active status in CEIC and is reported by National Statistics Institute. The data is categorized under Global Database’s Spain – Table ES.I022: Building Materials Price Index.