Steel rose to 3,228 CNY/T on July 24, 2025, up 0.62% from the previous day. Over the past month, Steel's price has risen 9.54%, and is up 2.93% 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.

HRC Steel fell to 872.95 USD/T on July 24, 2025, down 0.12% from the previous day. Over the past month, HRC Steel's price has fallen 1.81%, but it is still 31.47% 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.

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.

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.

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).

The producer price index for iron and steel metals and metal products in the United States fell between 2018 and 2020. Prices for steel commodities in particular have fluctuated over the 2010s due to uncertain markets and international diplomacy.

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

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.

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

Japan ExPI: JPY Basis: MRP: IS: Cold Rolled Elect Steel Hoops&SteelStrips data was reported at 166.900 2020=100 in Mar 2025. This records a decrease from the previous number of 170.300 2020=100 for Feb 2025. Japan ExPI: JPY Basis: MRP: IS: Cold Rolled Elect Steel Hoops&SteelStrips data is updated monthly, averaging 172.100 2020=100 from Jan 2020 (Median) to Mar 2025, with 63 observations. The data reached an all-time high of 197.800 2020=100 in May 2022 and a record low of 96.800 2020=100 in Jun 2020. Japan ExPI: JPY Basis: MRP: IS: Cold Rolled Elect Steel Hoops&SteelStrips data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.I130: Export Price Index: 2020=100: JPY Basis: Metal & Related Products.

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).

Iron Ore rose to 98.27 USD/T on July 23, 2025, up 0.16% from the previous day. Over the past month, Iron Ore's price has risen 3.85%, but it is still 8.56% lower than a year ago, 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 July of 2025.

In 2023, the price index for iron and steel combined in Germany was *****. This means that compared to 2015, the index year, prices have increased by almost *** percent. This was a significant difference compared to the year before.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Steel Wire, Stainless Steel (WPU10170502) from Dec 2010 to Jul 2023 about wired, steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

LME Index rose to 4,269.90 Index Points on July 22, 2025, up 0.51% from the previous day. Over the past month, LME Index's price has risen 2.72%, and is up 9.48% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. LME Index - values, historical data, forecasts and news - updated on July of 2025.

Graph and download economic data for Global price of Metal index (PMETAINDEXM) from Jan 1992 to Jun 2025 about World, metals, indexes, and price.

PPI: IS: SP: CFS: Cold Rolled Stainless Steel Sheets data was reported at 149.900 2020=100 in Mar 2025. This stayed constant from the previous number of 149.900 2020=100 for Feb 2025. PPI: IS: SP: CFS: Cold Rolled Stainless Steel Sheets data is updated monthly, averaging 92.600 2020=100 from Jan 2010 (Median) to Mar 2025, with 183 observations. The data reached an all-time high of 162.700 2020=100 in Nov 2022 and a record low of 72.800 2020=100 in Sep 2012. PPI: IS: SP: CFS: Cold Rolled Stainless Steel Sheets data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.I051: Producer Price Index: 2020=100: Iron & Steel.

Aluminum fell to 2,649.55 USD/T on July 23, 2025, down 0.29% from the previous day. Over the past month, Aluminum's price has risen 2.86%, and is up 15.17% 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 July 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.

PPI: IS: ICS: Ferro-Alloys data was reported at 171.900 2020=100 in Mar 2025. This stayed constant from the previous number of 171.900 2020=100 for Feb 2025. PPI: IS: ICS: Ferro-Alloys data is updated monthly, averaging 143.600 2020=100 from Jan 2020 (Median) to Mar 2025, with 63 observations. The data reached an all-time high of 231.700 2020=100 in Sep 2022 and a record low of 95.400 2020=100 in Feb 2021. PPI: IS: ICS: Ferro-Alloys data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.I051: Producer Price Index: 2020=100: Iron & Steel.