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.

Germany - Producer prices in industry: Casting of steel was 130.40 points in October of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Germany - Producer prices in industry: Casting of steel - last updated from the EUROSTAT on December of 2025. Historically, Germany - Producer prices in industry: Casting of steel reached a record high of 130.70 points in August of 2025 and a record low of 28.70 points in January of 1976.

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.

Monthly and long-term steel (europe) price data (US$/mt): historical series and analyst forecasts curated by FocusEconomics.

Germany PPI: Mfg: Fabricated Metal(FM) data was reported at 120.400 2021=100 in Mar 2025. This records a decrease from the previous number of 120.600 2021=100 for Feb 2025. Germany PPI: Mfg: Fabricated Metal(FM) data is updated monthly, averaging 90.900 2021=100 from Jan 2009 (Median) to Mar 2025, with 195 observations. The data reached an all-time high of 120.600 2021=100 in Feb 2025 and a record low of 86.000 2021=100 in Mar 2010. Germany PPI: Mfg: Fabricated Metal(FM) data remains active status in CEIC and is reported by Statistisches Bundesamt. The data is categorized under Global Database’s Germany – Table DE.I033: Producer Price Index: 2021=100.

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.

Germany PPI: Mfg: BM: Steel Tubes, Pipes & Related Fittings data was reported at 112.400 2015=100 in Aug 2018. This records a decrease from the previous number of 112.600 2015=100 for Jul 2018. Germany PPI: Mfg: BM: Steel Tubes, Pipes & Related Fittings data is updated monthly, averaging 101.100 2015=100 from Jan 2015 (Median) to Aug 2018, with 44 observations. The data reached an all-time high of 112.600 2015=100 in Jul 2018 and a record low of 94.000 2015=100 in Mar 2016. Germany PPI: Mfg: BM: Steel Tubes, Pipes & Related Fittings data remains active status in CEIC and is reported by Federal Statistics Office Germany. The data is categorized under Global Database’s Germany – Table DE.I025: Producer Price Index: 2015=100.

The steel rebar prices in the United States for Q3 2024 reached 860 USD/MT in September. The region experienced notable price drops amid declining demand and excess supply. Prices consistently trended downward, with a minor decrease at the end of the quarter. This persistent bearish sentiment highlighted ongoing challenges in stabilizing the market as excess supply continued to weigh heavily on pricing dynamics.

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.

Germany - Producer prices in industry: Forging, pressing, stamping and roll-forming of metal; powder metallurgy was 118.00 points in October of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Germany - Producer prices in industry: Forging, pressing, stamping and roll-forming of metal; powder metallurgy - last updated from the EUROSTAT on December of 2025. Historically, Germany - Producer prices in industry: Forging, pressing, stamping and roll-forming of metal; powder metallurgy reached a record high of 122.60 points in March of 2023 and a record low of 78.70 points in January of 2000.

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.

Germany - Producer prices in industry: Manufacture of tubes, pipes, hollow profiles and related fittings, of steel was 125.40 points in October of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Germany - Producer prices in industry: Manufacture of tubes, pipes, hollow profiles and related fittings, of steel - last updated from the EUROSTAT on December of 2025. Historically, Germany - Producer prices in industry: Manufacture of tubes, pipes, hollow profiles and related fittings, of steel reached a record high of 135.80 points in September of 2022 and a record low of 57.60 points in January of 2000.

WPI: 2000=100: NW: Metals & Metal Ores data was reported at 157.100 2000=100 in Dec 2008. This records a decrease from the previous number of 167.200 2000=100 for Nov 2008. WPI: 2000=100: NW: Metals & Metal Ores data is updated monthly, averaging 100.200 2000=100 from Jan 1995 (Median) to Dec 2008, with 168 observations. The data reached an all-time high of 187.600 2000=100 in Aug 2008 and a record low of 88.300 2000=100 in Apr 1999. WPI: 2000=100: NW: Metals & Metal Ores data remains active status in CEIC and is reported by Statistisches Bundesamt. The data is categorized under Global Database’s Germany – Table DE.I062: Wholesale Price Index: 2000=100.

Germany PPI: 2000=100: Mfg: Basic Metals: CM: Steel data was reported at 126.100 2000=100 in Dec 2008. This stayed constant from the previous number of 126.100 2000=100 for Nov 2008. Germany PPI: 2000=100: Mfg: Basic Metals: CM: Steel data is updated monthly, averaging 90.800 2000=100 from Jan 1976 (Median) to Dec 2008, with 396 observations. The data reached an all-time high of 126.100 2000=100 in Dec 2008 and a record low of 45.600 2000=100 in Jan 1976. Germany PPI: 2000=100: Mfg: Basic Metals: CM: Steel data remains active status in CEIC and is reported by Statistisches Bundesamt. The data is categorized under Global Database’s Germany – Table DE.I039: Producer Price Index: 2000=100.

Germany - Producer prices in industry: Manufacture of basic metals and fabricated metal products, except machinery and equipment was 117.30 points in August of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Germany - Producer prices in industry: Manufacture of basic metals and fabricated metal products, except machinery and equipment - last updated from the EUROSTAT on October of 2025. Historically, Germany - Producer prices in industry: Manufacture of basic metals and fabricated metal products, except machinery and equipment reached a record high of 122.50 points in May of 2022 and a record low of 60.50 points in January of 2000.

Germany DE: PPI: Mfg: BF: Other: Steel Drums data was reported at 112.800 2021=100 in Mar 2025. This records a decrease from the previous number of 113.100 2021=100 for Feb 2025. Germany DE: PPI: Mfg: BF: Other: Steel Drums data is updated monthly, averaging 88.300 2021=100 from Jan 2000 (Median) to Mar 2025, with 303 observations. The data reached an all-time high of 122.500 2021=100 in Jul 2022 and a record low of 55.600 2021=100 in Jan 2000. Germany DE: PPI: Mfg: BF: Other: Steel Drums 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.

Germany - Producer prices in industry: Manufacture of other tanks, reservoirs and containers of metal was 123.60 points in October of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Germany - Producer prices in industry: Manufacture of other tanks, reservoirs and containers of metal - last updated from the EUROSTAT on December of 2025. Historically, Germany - Producer prices in industry: Manufacture of other tanks, reservoirs and containers of metal reached a record high of 123.70 points in July of 2025 and a record low of 65.70 points in January of 2001.

Germany DE: PPI: Domestic: Mfg: BF: BM: Iron & Steel data was reported at 102.700 2021=100 in Mar 2025. This records an increase from the previous number of 102.200 2021=100 for Feb 2025. Germany DE: PPI: Domestic: Mfg: BF: BM: Iron & Steel data is updated monthly, averaging 53.700 2021=100 from Jan 1976 (Median) to Mar 2025, with 591 observations. The data reached an all-time high of 146.000 2021=100 in May 2022 and a record low of 41.600 2021=100 in Dec 1977. Germany DE: PPI: Domestic: Mfg: BF: BM: Iron & 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: Domestic.

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Carbon Steel Market Size 2025-2029

The carbon steel market size is valued to increase by USD 197.5 billion, at a CAGR of 3.3% from 2024 to 2029. Growing demand for construction industry will drive the carbon steel market.

Market Insights

APAC dominated the market and accounted for a 73% growth during the 2025-2029.
By End-user - Construction segment was valued at USD 405.20 billion in 2023
By Type - Low carbon steel segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 29.44 billion 
Market Future Opportunities 2024: USD 197.50 billion
CAGR from 2024 to 2029 : 3.3%

Market Summary

Carbon steel, a versatile alloy of iron and carbon, is a cornerstone of global industries due to its exceptional strength, durability, and cost-effectiveness. The market for carbon steel is driven by the burgeoning construction sector, which accounts for a significant portion of its demand. Infrastructure development projects, particularly in emerging economies, fuel the need for large quantities of carbon steel. Moreover, the increasing adoption of sustainable manufacturing practices has led to the steel industry's evolution, with carbon steel being a key material in the production of green steel through the electric arc furnace process. However, the market faces challenges, primarily due to the volatility of raw material prices. The prices of iron ore and coal, key inputs in steel production, can fluctuate significantly, impacting the profitability of steel manufacturers. A real-world business scenario illustrates this challenge. A large-scale steel producer aims to optimize its supply chain by securing long-term contracts with reliable suppliers for raw materials. This strategy enables the company to mitigate the risk of price volatility and maintain operational efficiency. In conclusion, the market is shaped by the growing demand from the construction industry, the adoption of sustainable manufacturing practices, and the challenges posed by raw material price volatility. Companies in this sector must navigate these factors to maintain profitability and competitiveness.

What will be the size of the Carbon Steel Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free SampleCarbon steel, a versatile alloy, continues to dominate various industries due to its strength, durability, and cost-effectiveness. Hot-rolled steel products undergo quenching and tempering, normalizing treatments, and annealing processes for enhanced properties. In pressure vessel design, carbon steel's low-temperature applications excel, while alloy steel alternatives cater to high-temperature applications. Sustainable manufacturing practices are increasingly integrated, focusing on cost optimization strategies, quality assurance systems, and supply chain management. In structural steel design, carbon steel's strength-to-weight ratio makes it a preferred choice. Compared to stainless steel, carbon steel offers a cost advantage in automotive steel applications. Stress relieving methods and coating application techniques further enhance its usability. Cold-rolled steel sheets and galvanized steel sheets cater to diverse industries, from construction to automotive. Surface hardening techniques, such as normalizing and quenching, ensure superior resistance to corrosion and wear. Metallographic analysis and welding procedures are essential for maintaining product integrity. Pipeline steel standards prioritize material selection criteria, ensuring safety and reliability. Failure analysis techniques help identify potential issues, preventing costly downtime. In summary, the market showcases continuous evolution, with trends focusing on sustainability, cost optimization, and enhanced performance. Companies prioritize compliance with industry standards, ensuring the delivery of high-quality products. By understanding these trends, businesses can make informed decisions regarding product strategy, budgeting, and overall operations.

Unpacking the Carbon Steel Market Landscape

Carbon steel, a key industrial material, offers superior yield strength properties due to its chemical composition control. Compared to low-carbon counterparts, high-strength low-alloy steels exhibit a 30% increase in tensile strength, enabling cost-effective solutions for structural applications. Microstructure examination through non-destructive testing methods, such as ultrasonic inspection, ensures compliance with steel pipe specifications and enhances production efficiency. Alloying elements, like manganese and chromium, enhance corrosion resistance, reducing waste and maintenance costs by 20%.

Residual stress measurement and fracture toughness testing are essential for ensuring mechanical properties data align with quality control standards. Heat treatment processes, including

Germany - Producer prices in industry: Manufacture of basic iron and steel and of ferro-alloys was 98.70 points in September of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Germany - Producer prices in industry: Manufacture of basic iron and steel and of ferro-alloys - last updated from the EUROSTAT on November of 2025. Historically, Germany - Producer prices in industry: Manufacture of basic iron and steel and of ferro-alloys reached a record high of 144.40 points in May of 2022 and a record low of 40.50 points in December of 1977.