Steel rose to 3,117 CNY/T on December 2, 2025, up 0.23% from the previous day. Over the past month, Steel's price has risen 1.30%, but it is still 7.09% 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 December of 2025.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Iron and Steel (WPU101) from Jan 1926 to Sep 2025 about iron, 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.

View monthly updates and historical trends for US Producer Price Index: Iron and Steel Mills. from United States. Source: Bureau of Labor Statistics. Trac…

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

United States - Producer Price Index by Commodity: Metals and Metal Products: Iron and Steel was 313.22600 Index 1982=100 in March of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Iron and Steel reached a record high of 433.52500 in November of 2021 and a record low of 8.50000 in May of 1933. 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: Iron and Steel - last updated from the United States Federal Reserve on November of 2025.

As of August 2021, the non-seasonally adjusted producer index for fabricated metal products manufacturing in the United States was *****, a **** percent rise compared to that same month the previous year. The index also rose close to *** points month-on-month. This translates into a slow increase in the fabricated metal product selling prices over the past year.

HRC Steel fell to 891.06 USD/T on December 2, 2025, down 0.88% from the previous day. Over the past month, HRC Steel's price has risen 5.08%, and is up 29.14% 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.

DE: PPI: Mfg: BF: CM: Steel data was reported at 130.400 2021=100 in Oct 2025. This records a decrease from the previous number of 130.600 2021=100 for Sep 2025. DE: PPI: Mfg: BF: CM: Steel data is updated monthly, averaging 63.300 2021=100 from Jan 1976 (Median) to Oct 2025, with 598 observations. The data reached an all-time high of 130.700 2021=100 in Aug 2025 and a record low of 28.700 2021=100 in Jan 1976. DE: PPI: Mfg: BF: CM: Steel data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s Germany – Table DE.Eurostat: Producer Price Index: 2021=100.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Steel Pipe and Tube, Alloy (WPU10170673) from Dec 2010 to Mar 2021 about steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

United States - Producer Price Index by Commodity: Metals and Metal Products: Steel Mill Products was 311.33300 Index 1982=100 in August of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Steel Mill Products reached a record high of 449.71100 in December of 2021 and a record low of 9.80000 in July of 1939. 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 Mill Products - last updated from the United States Federal Reserve on October of 2025.

United States - Producer Price Index by Commodity: Metals and Metal Products: Cold Rolled Steel Sheet and Strip was 372.19600 Index Jun 1982=100 in August of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Cold Rolled Steel Sheet and Strip reached a record high of 711.61100 in November of 2021 and a record low of 99.40000 in January of 1983. 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: Cold Rolled Steel Sheet and Strip - last updated from the United States Federal Reserve on December of 2025.

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).

Germany WPI: 2021=100: Iron Ore, Iron & Steel Intermediary Materials data was reported at 90.700 2021=100 in Mar 2025. This records an increase from the previous number of 90.200 2021=100 for Feb 2025. Germany WPI: 2021=100: Iron Ore, Iron & Steel Intermediary Materials data is updated monthly, averaging 63.700 2021=100 from Jan 1995 (Median) to Mar 2025, with 363 observations. The data reached an all-time high of 140.900 2021=100 in Apr 2022 and a record low of 0.000 2021=100 in Dec 2004. Germany WPI: 2021=100: Iron Ore, Iron & Steel Intermediary Materials data remains active status in CEIC and is reported by Statistisches Bundesamt. The data is categorized under Global Database’s Germany – Table DE.I058: Wholesale Price Index: 2021=100.

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.

Poland PL: PPI: Foreign: Mfg: Basic & Fabricated Metal (BF): Basic Metals data was reported at 94.600 2021=100 in Mar 2025. This records an increase from the previous number of 93.900 2021=100 for Feb 2025. Poland PL: PPI: Foreign: Mfg: Basic & Fabricated Metal (BF): Basic Metals data is updated monthly, averaging 77.700 2021=100 from Jan 2000 (Median) to Mar 2025, with 303 observations. The data reached an all-time high of 134.100 2021=100 in May 2022 and a record low of 48.900 2021=100 in Jan 2002. Poland PL: PPI: Foreign: Mfg: Basic & Fabricated Metal (BF): Basic Metals data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s Poland – Table PL.Eurostat: Producer Price Index: 2021=100: Foreign.

Graph and download economic data for Producer Price Index by Industry: Iron and Steel Mills and Ferroalloy Manufacturing: Cold Rolled Steel Sheet and Strip (PCU331110331110D) from Jan 1965 to Feb 2021 about iron, mills, steel, PPI, industry, inflation, price index, indexes, price, and USA.

United States - Producer Price Index by Commodity: Metals and Metal Products: Steel Wire, Alloy was 109.18300 Index Dec 2010=100 in December of 2021, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Steel Wire, Alloy reached a record high of 112.50000 in January of 2019 and a record low of 90.20000 in January 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 Wire, Alloy - last updated from the United States Federal Reserve on November of 2025.

View monthly updates and historical trends for All Metals Price Index. Source: International Monetary Fund. Track economic data with YCharts analytics.

European Union PPI: EA 19: Mfg: BF: CM: Steel data was reported at 123.400 2021=100 in Aug 2024. This records a decrease from the previous number of 126.100 2021=100 for Jul 2024. European Union PPI: EA 19: Mfg: BF: CM: Steel data is updated monthly, averaging 92.150 2021=100 from Jan 2002 (Median) to Aug 2024, with 272 observations. The data reached an all-time high of 126.600 2021=100 in Jun 2024 and a record low of 60.300 2021=100 in Feb 2002. European Union PPI: EA 19: Mfg: BF: CM: Steel data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.I006: Eurostat: Producer Price Index: 2021=100.