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.

Steel rose to 3,046 CNY/T on September 10, 2025, up 0.30% from the previous day. Over the past month, Steel's price has fallen 6.19%, but it is still 1.20% higher 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 September of 2025.

At the end of fiscal year 2024, the Wholesale Price Index of steel pipes and tubes across India was 138. This meant an increase in the WPI of 38 percent from the base year of 2012. India was the second largest steel producer in the world during the same period, just after China.

The Wholesale Price Index of semi finished stainless steel across India during financial year 2024 was around ***. The price index of stainless steel increased by about ** percent from the base financial year of 2012. A huge increase in the index value of the stainless steel was seen in 2022.

HRC Steel fell to 799 USD/T on September 9, 2025, down 1.11% from the previous day. Over the past month, HRC Steel's price has fallen 4.31%, but it is still 14.14% 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.

India Consumer Price Index (CPI): Miscellaneous: Stainless Steel Utensils data was reported at 155.200 2012=100 in Oct 2018. This records an increase from the previous number of 151.600 2012=100 for Sep 2018. India Consumer Price Index (CPI): Miscellaneous: Stainless Steel Utensils data is updated monthly, averaging 129.000 2012=100 from Jan 2014 (Median) to Oct 2018, with 58 observations. The data reached an all-time high of 155.200 2012=100 in Oct 2018 and a record low of 114.400 2012=100 in Jan 2014. India Consumer Price Index (CPI): Miscellaneous: Stainless Steel Utensils data remains active status in CEIC and is reported by Central Statistics Office. The data is categorized under India Premium Database’s Inflation – Table IN.IA017: Consumer Price Index: 2012=100: Miscellaneous.

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.

India Wholesale Price Index: 82p: Average: Manufactured Products: Basic Metals, Alloys and Metal Products: Basic Metals and Alloys: Iron and Steel: Scrap, All Kinds data was reported at 172.200 1981-1982=100 in Sep 1999. This stayed constant from the previous number of 172.200 1981-1982=100 for Aug 1999. India Wholesale Price Index: 82p: Average: Manufactured Products: Basic Metals, Alloys and Metal Products: Basic Metals and Alloys: Iron and Steel: Scrap, All Kinds data is updated monthly, averaging 172.200 1981-1982=100 from Apr 1982 (Median) to Sep 1999, with 108 observations. The data reached an all-time high of 172.200 1981-1982=100 in Sep 1999 and a record low of 95.200 1981-1982=100 in Feb 1985. India Wholesale Price Index: 82p: Average: Manufactured Products: Basic Metals, Alloys and Metal Products: Basic Metals and Alloys: Iron and Steel: Scrap, All Kinds data remains active status in CEIC and is reported by Ministry of Commerce and Industry. The data is categorized under India Premium Database’s Inflation – Table IN.IH139: Wholesale Price Index: 1981-82=100: Manufactured Products: Basic Metals, Alloys and Metal Products.

Metal and Steel Price: Mumbai: Cold Rolled Coils 0.63 mm data was reported at 70,280.000 INR/Metric Ton in Apr 2025. This records an increase from the previous number of 68,510.000 INR/Metric Ton for Mar 2025. Metal and Steel Price: Mumbai: Cold Rolled Coils 0.63 mm data is updated monthly, averaging 48,540.000 INR/Metric Ton from Aug 2003 (Median) to Apr 2025, with 257 observations. The data reached an all-time high of 103,330.000 INR/Metric Ton in Apr 2022 and a record low of 27,750.000 INR/Metric Ton in Oct 2003. Metal and Steel Price: Mumbai: Cold Rolled Coils 0.63 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.

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).

Structural steel (FOB India) prices fell YoY in late 2023. From Oct ($598) to Dec ($515), consistent ~11-12% monthly drops were observed.

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

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: Delhi: Cold Rolled Coils 1.00 mm data was reported at 67,850.000 INR/Metric Ton in Apr 2025. This records an increase from the previous number of 66,080.000 INR/Metric Ton for Mar 2025. Metal and Steel Price: Delhi: Cold Rolled Coils 1.00 mm data is updated monthly, averaging 48,690.000 INR/Metric Ton from Aug 2003 (Median) to Apr 2025, with 257 observations. The data reached an all-time high of 94,990.000 INR/Metric Ton in Apr 2022 and a record low of 24,300.000 INR/Metric Ton in Oct 2003. Metal and Steel Price: Delhi: Cold Rolled Coils 1.00 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.WAC008: Metal and Steel Retail Prices: New Delhi: Monthly.

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

Iron Ore rose to 106.08 USD/T on September 9, 2025, up 1.10% from the previous day. Over the past month, Iron Ore's price has risen 4.04%, and is up 16.21% compared to the same time last year, 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 September of 2025.

The Wholesale Price Index of base metals across India during financial year 2024 stood at ***. The price index of metals increased by about ** percent from the base financial year of 2012. An overall increase in the price index value was noted over the years from financial year 2013 in the country.

India WPI: Mfg: BM: Stainless Steel: SE: Bars & Rods, Including Flats data was reported at 96.500 2011-2012=100 in Oct 2018. This records an increase from the previous number of 95.700 2011-2012=100 for Sep 2018. India WPI: Mfg: BM: Stainless Steel: SE: Bars & Rods, Including Flats data is updated monthly, averaging 88.400 2011-2012=100 from Apr 2012 (Median) to Oct 2018, with 79 observations. The data reached an all-time high of 96.500 2011-2012=100 in Oct 2018 and a record low of 77.700 2011-2012=100 in Jan 2016. India WPI: Mfg: BM: Stainless Steel: SE: Bars & Rods, Including Flats data remains active status in CEIC and is reported by Ministry of Commerce and Industry. The data is categorized under Global Database’s India – Table IN.IH020: Wholesale Price Index: 2011-12=100: Manufactured Products: Basic Metals.

After two years of growth, the Indian market for hot-rolled bars of high speed steel decreased by -3.3% to $7B in 2024. In general, the total consumption indicated a noticeable expansion from 2012 to 2024: its value increased at an average annual rate of +3.9% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +11.9% against 2020 indices.

India WPI: Weights: Mfg: BM: Ferrous Metals: Long Steel: Rebars data was reported at 0.736 % in Mar 2017. This stayed constant from the previous number of 0.736 % for Feb 2017. India WPI: Weights: Mfg: BM: Ferrous Metals: Long Steel: Rebars data is updated monthly, averaging 0.736 % from Apr 2004 (Median) to Mar 2017, with 156 observations. The data reached an all-time high of 0.736 % in Mar 2017 and a record low of 0.736 % in Mar 2017. India WPI: Weights: Mfg: BM: Ferrous Metals: Long Steel: Rebars data remains active status in CEIC and is reported by Ministry of Commerce and Industry. The data is categorized under Global Database’s India – Table IN.IH088: Wholesale Price Index: 2004-05=100: Weights: Manufactured Products: Basic Metal, Alloys and Metal Products.