Why did the Steel Plate Price Change in July 2025? The Steel Plate Price Index in the USA increased by 3.2% quarter-over-quarter in Q2 2025. The rise was driven by supply tightening following reduced mill output and a modest recovery in end-user demand from construction and machinery segments.

Steel fell to 3,158 CNY/T on July 31, 2025, down 2.17% from the previous day. Over the past month, Steel's price has risen 4.22%, and is up 5.27% 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 July of 2025.

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

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

HRC Steel fell to 842.94 USD/T on July 31, 2025, down 0.95% from the previous day. Over the past month, HRC Steel's price has fallen 4.54%, but it is still 22.52% 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.

Why did the Stainless Steel (Flat) Price Change in July 2025? The Stainless Steel (Flat) Price Index in North America registered a quarter-over-quarter decline of 5.3% in Q2 2025, reflecting a softening pricing environment driven by supply-demand imbalances and tepid downstream consumption.

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.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Fabricated Steel Plate (WPU1076) from Jun 1980 to Jun 2025 about fabrication, steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

Hong Kong Wholesale Price: Glavanised Mild Steel: Steel Plates data was reported at 13,047.000 HKD/Ton in Aug 2018. This stayed constant from the previous number of 13,047.000 HKD/Ton for Jul 2018. Hong Kong Wholesale Price: Glavanised Mild Steel: Steel Plates data is updated monthly, averaging 8,712.000 HKD/Ton from May 2003 (Median) to Aug 2018, with 184 observations. The data reached an all-time high of 13,047.000 HKD/Ton in Aug 2018 and a record low of 2,749.000 HKD/Ton in May 2003. Hong Kong Wholesale Price: Glavanised Mild Steel: Steel Plates 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.P004: Wholesale Price: Construction Materials.

MS Plate 10mm prices (FOB India) dropped year-over-year in late 2023, falling ~10-12% each month compared to 2022 prices.

Metal and Steel Price: Mumbai: Plates 6 mm data was reported at 61,870.000 INR/Metric Ton in Apr 2025. This records an increase from the previous number of 60,540.000 INR/Metric Ton for Mar 2025. Metal and Steel Price: Mumbai: Plates 6 mm data is updated monthly, averaging 44,660.000 INR/Metric Ton from Aug 2003 (Median) to Apr 2025, with 257 observations. The data reached an all-time high of 90,070.000 INR/Metric Ton in Apr 2022 and a record low of 23,000.000 INR/Metric Ton in Oct 2003. Metal and Steel Price: Mumbai: Plates 6 mm data remains active status in CEIC and is reported by Joint Plant Committee. The data is categorized under India Premium Database’s Metal and Steel Sector – Table IN.WAC006: Metal and Steel Retail Prices: Mumbai: Monthly.

Hong Kong Wholesale Price: Metal Formwork: Steel Plate: 4 mm thick data was reported at 5,801.000 HKD/Ton in Apr 2018. This records an increase from the previous number of 5,779.000 HKD/Ton for Mar 2018. Hong Kong Wholesale Price: Metal Formwork: Steel Plate: 4 mm thick data is updated monthly, averaging 5,297.000 HKD/Ton from May 2003 (Median) to Apr 2018, with 180 observations. The data reached an all-time high of 8,308.000 HKD/Ton in Jul 2008 and a record low of 2,995.000 HKD/Ton in Aug 2003. Hong Kong Wholesale Price: Metal Formwork: Steel Plate: 4 mm thick data remains active status in CEIC and is reported by Census and Statistics Department. The data is categorized under Global Database’s Hong Kong – Table HK.P001: Wholesale Price: Construction Materials.

The global high tensile steel plate market is experiencing robust growth, driven by increasing demand from key sectors such as construction, shipbuilding, and transportation. The market's expansion is fueled by several factors, including the rising preference for lightweight yet high-strength materials in vehicles to improve fuel efficiency and reduce emissions. Furthermore, the ongoing infrastructure development projects globally, particularly in emerging economies, are significantly boosting demand for high tensile steel plates. The construction of large-scale infrastructure like bridges, skyscrapers, and pipelines requires high tensile steel plates due to their superior load-bearing capacity and durability. While challenges like fluctuating raw material prices and concerns about carbon emissions present headwinds, technological advancements in steel manufacturing are mitigating some of these issues, leading to more sustainable and cost-effective production. Competition among major players like ArcelorMittal, Baowu, POSCO, and Nippon Steel is intense, stimulating innovation and driving down prices, ultimately benefiting consumers. The market is segmented by various factors including plate thickness, grade, and application. We expect the construction segment to retain its dominant position, while automotive and shipbuilding sectors are projected to exhibit strong growth. Geographically, Asia-Pacific is expected to remain the largest market, owing to rapid industrialization and infrastructure development in countries like China and India. However, North America and Europe are also expected to contribute significantly to market growth due to the robust presence of automotive and construction industries. Looking ahead, the market is poised for continued expansion, with a projected CAGR of approximately 5% from 2025 to 2033, leading to a market value exceeding $50 Billion by 2033 (this is an estimated figure based on a reasonable CAGR and assuming a 2025 market size of around $35 billion).

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 ** 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 **** percent in fiscal year 2024.

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.

Metal and Steel Price: Chennai: Plates 6 mm data was reported at 62,080.000 INR/Metric Ton in Apr 2025. This records an increase from the previous number of 59,620.000 INR/Metric Ton for Mar 2025. Metal and Steel Price: Chennai: Plates 6 mm data is updated monthly, averaging 44,810.000 INR/Metric Ton from Aug 2003 (Median) to Apr 2025, with 257 observations. The data reached an all-time high of 94,900.000 INR/Metric Ton in Apr 2022 and a record low of 23,500.000 INR/Metric Ton in Nov 2003. Metal and Steel Price: Chennai: Plates 6 mm data remains active status in CEIC and is reported by Joint Plant Committee. The data is categorized under India Premium Database’s Metal and Steel Sector – Table IN.WAC002: Metal and Steel Retail Prices: Chennai: Monthly.

Indonesia Wholesale Price Index: Manufacturing: Metal Iron & Steel: Sheet Iron data was reported at 129.350 2010=100 in Dec 2018. This records an increase from the previous number of 129.130 2010=100 for Nov 2018. Indonesia Wholesale Price Index: Manufacturing: Metal Iron & Steel: Sheet Iron data is updated monthly, averaging 109.150 2010=100 from Jan 2013 (Median) to Dec 2018, with 72 observations. The data reached an all-time high of 129.350 2010=100 in Dec 2018 and a record low of 101.270 2010=100 in Jan 2013. Indonesia Wholesale Price Index: Manufacturing: Metal Iron & Steel: Sheet Iron data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Indonesia Premium Database’s Inflation – Table ID.IB004: Wholesale Price Index: by Sector: Manufacturing.

1642 Global import shipment records of Steel Plate with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

682421 Global export shipment records of Steel Plate with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.