Steel decreased 101 Yuan/MT or 3.05% since the beginning of 2025, 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 March of 2025.

Explore the dynamic factors influencing carbon steel prices per kg, including market demand, geopolitical events, and supply chain disruptions. Learn how these variables, along with steel grades and economic conditions, affect pricing in industries like construction and automotive as of October 2023.

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 66 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 nine percent in fiscal year 2024.

Explore the factors affecting chrome steel pricing per kilogram, including market demand, global conditions, and production costs. Learn how industry dynamics, raw material availability, and international trade policies influence prices, typically ranging from $2 to $4. Stay informed for effective sourcing and pricing strategies.

Explore the factors impacting the price of mild steel per kilogram, including global market trends, demand-supply dynamics, and geopolitical influences. Learn how regional markets, tariffs, raw material costs, and technological advancements affect mild steel pricing, making it a versatile and cost-effective material for industries worldwide.

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 555 U.S. dollars per metric ton—a 15 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 717.7 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 529 billion yuan (approximately 82 billion U.S. dollars). This comes after China's steel sector had a drop in sales to its domestic auto sector in early 2019.

Explore the factors affecting Mild Steel (MS) steel prices, including market demand, raw material costs, and global economic conditions. Learn how trade tariffs, energy costs, and seasonal changes influence pricing, and find tips on where to get the latest steel price updates from reliable sources.

HRC Steel increased 180.96 USD/T or 25.52% since the beginning of 2025, 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 average selling prince of South Korean steel works company POSCO's carbon steel amounted to around 1.02 million South Korean won per metric ton. This was a slight decrease compared to the previous year, but still represented the second-highest number of the past decade.

During the last quarter of 2024, the steel plate prices in the United States reached 1126 USD/Ton in December. The market experienced price volatility due to inconsistent sector performance and cautious buyer mood. Although car sales increased, high mortgage rates and a lack of workers caused broader construction activity to lag. Although manufacturing appeared to be slightly improving, raw steel production was still below historical levels.

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

Explore the factors influencing stainless steel prices per kilogram in 2023, including grade variations, global demand, and supply chain challenges. Understand the impact of raw material costs and geopolitical policies on stainless steel pricing for grades 304, 316, and 410.

In the fiscal year 2023, the average market price of iron and steel scrap delivered in Japan was around 46.91 thousand Japanese yen per metric ton. This was a decrease compared to the preceding year.

In 2023, the price of 16 to 32mm steel reinforcement bars in Singapore was at approximately 879.62 Singapore dollars per metric ton. This was a decrease from its market price in the previous year.

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.

Explore the factors influencing stainless steel prices per kilogram, including raw material costs, global demand, economic factors, and production expenses. Understand how grades like austenitic series 304 and 316 are priced differently due to their composition and corrosion resistance. Learn about the impact of global economic dynamics and environmental initiatives on stainless steel cost fluctuations.

Get the latest insights on price movement and trend analysis of Stainless Steel (304) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

In 2023, iron ore was worth an average of approximately 120 U.S. dollars per dry metric ton unit (dmtu), compared to only 29 U.S. dollars per dmtu in 2000. The month with the highest average iron ore price in 2021 was June, at over 200 U.S. dollars per dmtu. Iron ore: market context and price fluctuation Iron ore is composed of minerals and rocks from which metallic iron can be extracted. Iron ore is an important part of the world economy, as a large proportion of iron ore is used to make steel, which is a widely used material globally. In a given year, the monthly price of iron ore varies noticeably, ranging for example from a high of 214.43 U.S. dollars per dmtu in June 2021 down to a low of 96.24 U.S. dollars per dmtu in November 2021. Major iron ore producing nations Australia has the world's largest iron ore reserves, at 51 billion metric tons of crude iron ore and is also the world's largest producer of iron ore. Not surprisingly, China, the world's leading steel manufacturer, is also the world's leading importer of iron. In recent years, China's iron imports have increased significantly, from 207.98 million metric tons in 2004, to over one billion metric tons in 2018.

Cambodia Commodity Price: Phnom Penh: Steel (Vietnam): 12 mm Diameter data was reported at 31,500.000 KHR/kg in 25 Mar 2025. This stayed constant from the previous number of 31,500.000 KHR/kg for 24 Mar 2025. Cambodia Commodity Price: Phnom Penh: Steel (Vietnam): 12 mm Diameter data is updated daily, averaging 31,500.000 KHR/kg from Nov 2021 (Median) to 25 Mar 2025, with 778 observations. The data reached an all-time high of 31,500.000 KHR/kg in 25 Mar 2025 and a record low of 2,380.000 KHR/kg in 24 Aug 2022. Cambodia Commodity Price: Phnom Penh: Steel (Vietnam): 12 mm Diameter data remains active status in CEIC and is reported by Ministry of Commerce. The data is categorized under Global Database’s Cambodia – Table KH.P001: Phnom Penh: Commodity Price Index.

Iron Ore decreased 1.36 USD/MT or 1.31% since the beginning of 2025, 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 March of 2025.

Retail Price: DOAC: Tumbler: Steel: Maharashtra: Nagpur data was reported at 320.000 INR/kg in May 2015. This stayed constant from the previous number of 320.000 INR/kg for Jan 2015. Retail Price: DOAC: Tumbler: Steel: Maharashtra: Nagpur data is updated monthly, averaging 320.000 INR/kg from Aug 2009 (Median) to May 2015, with 31 observations. The data reached an all-time high of 330.000 INR/kg in Jun 2014 and a record low of 200.000 INR/kg in Oct 2009. Retail Price: DOAC: Tumbler: Steel: Maharashtra: Nagpur data remains active status in CEIC and is reported by Directorate of Economics and Statistics, Department of Agriculture and Farmers Welfare. The data is categorized under India Premium Database’s Price – Table IN.PB173: Retail Price: Department of Agriculture and Cooperation: Non Food: by Cities: Tumbler: Steel (Discontinued).