Steel rose to 3,044 CNY/T on October 17, 2025, up 0.03% from the previous day. Over the past month, Steel's price has fallen 1.07%, and is down 6.34% 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 October of 2025.

HRC Steel fell to 811.03 USD/T on October 17, 2025, down 0.49% from the previous day. Over the past month, HRC Steel's price has fallen 2.40%, but it is still 15.04% 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 Global price of Metal index (PMETAINDEXM) from Jan 1992 to Jun 2025 about metals, World, indexes, and price.

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.

Additional Information

The information gathered is from the DAEWOO Steel Co. Ltd in Gwangyang, South Korea. It produces several types of coils, steel plates, and iron plates. The information on electricity consumption is held in a cloud-based system. The information on energy consumption of the industry is stored on the website of the Korea Electric Power Corporation (pccs.kepco.go.kr), and the perspectives on daily, monthly, and annual data are calculated and shown.

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.

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

Metal and Steel Price: Kolkata: Cold Rolled Coils 0.63 mm data was reported at 68,340.000 INR/Metric Ton in Apr 2025. This records an increase from the previous number of 67,500.000 INR/Metric Ton for Mar 2025. Metal and Steel Price: Kolkata: Cold Rolled Coils 0.63 mm data is updated monthly, averaging 48,917.000 INR/Metric Ton from Aug 2003 (Median) to Apr 2025, with 257 observations. The data reached an all-time high of 96,600.000 INR/Metric Ton in Apr 2022 and a record low of 25,600.000 INR/Metric Ton in Nov 2003. Metal and Steel Price: Kolkata: 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.WAC004: Metal and Steel Retail Prices: Kolkata: Monthly.

Explore how JSW Steel sets its prices through analysis of market demand, raw material costs, production expenses, government policies, and global trends, and learn where to find accurate and current steel pricing information.

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.

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Stainless Steel Market Size 2023-2027

The stainless steel market size is forecasted to increase by 10,299.64 thousand tons at a CAGR of 3.38% between 2022 and 2027. Market growth relies on various factors, notably the increased consumption of high-strength stainless steel, propelled by its corrosion resistance and excellent mechanical properties. Additionally, economic expansion in China and India contributes significantly to market growth. As these nations continue to develop industrially and infrastructurally, the demand for stainless steel, particularly for construction and manufacturing applications, is expected to rise. This confluence of factors positions the market for substantial growth in the foreseeable future. Furthermore, the stainless steel market analysis report includes historic market data from 2017 to 2021. The stainless steel market forecast indicates robust expansion, driven by increasing demand for steel across various industries. The stainless steel market size growth is propelled by advancements in production technologies and the rise of sustainable manufacturing practices. Current stainless steel market trends show a surge in applications, particularly in construction and automotive sectors, underscoring its vital role in modern infrastructure.

What will be the Size of the Stainless Steel Market During the Forecast Period?

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Stainless Steel Market Segmentation

The stainless steel market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in 'USD Million' for the period 2023 to 2027, as well as historical data from 2017 to 2021 for the following segments

End-user Outlook 

  Metal products
  Mechanical engineering
  Automobile and transportation
  Infrastructure and construction
  Electrical engineering





Product Outlook

  Flat
  Long





Region Outlook

  North America

    The US
    Canada


  Europe

    The UK
    Germany
    France
    Rest of Europe


  APAC

    China
    India


  Middle East and Africa

    Saudi Arabia
    South Africa
    Rest of the Middle East and Africa


  South America

    Argentina
    Brazil
    Chile

By End-user

The market share growth by the metal products segment will be significant during the forecast period. The use of stainless steel in metal products provides an aesthetic appeal, extensive textures, strength, functionality, corrosion resistance properties, and ease of cleaning properties such products, driving the growth of steel manufacturing. The demand for stainless steel for manufacturing metal products is high due to its ease of fabrication and mechanical properties.

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The metal products segment showed a gradual increase in the market share of 20,426.71 thousand t in 2017. Stainless steel is used in jewelry, belt buckles, clips, casings, watch straps and backs, cooker hoods, outdoor kitchen cabinets, worktops, drainers, sinks, and others. It is also used in kitchen vessels due to its hygiene properties, durability, and resilience to food discoloration and spoilage. The shift in consumer preference toward hygienic and easy-to-clean products is likely to increase the demand for stainless steel in metal products during the forecast period.

By Region

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APAC is estimated to account for 76% of the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. APAC has some of the largest stainless steel-producing countries in the world, such as China, Japan, South Korea, and India. China was the largest producer and consumer of stainless steel in 2020. Manufacturers are shifting to the consumption of scrap steel and stainless steel as raw materials to reduce pollution as well as manufacturing costs. These factors will drive the growth of the market in APAC during the forecast period.

Stainless Steel Market Dynamics

The market plays a vital role across various sectors, including residential housing, building & construction, railways, and automotive & transportation. Its resistance to corrosion surpasses that of carbon steel, making it a preferred choice. Renowned companies like Jindal Steel and Daido Steel contribute to its production capacities. Stainless steel finds applications in diverse architectural elements such as railings, roofing, and staircases, offering both pliability and appealing aesthetic properties. Moreover, it serves industrial needs like heat exchangers and tubulars, alongside providing swimming pool shades, canopies, and atriums with durability and low maintenance cost during repair and renovation. The stainless ste

View monthly updates and historical trends for Japan Domestic Corporate Goods Price Index: Iron and Steel. Source: Bank of Japan. Track economic data with…

This table contains 215 series, with data for years 1956 - 2013 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Commodities (215 items: Primary metal products; Iron and steel products; Primary steel products; Ferrosilicon ...).

Metal and Steel Price: Kolkata: Channels 150x75 mm data was reported at 59,960.000 INR/Metric Ton in Apr 2025. This records an increase from the previous number of 57,570.000 INR/Metric Ton for Mar 2025. Metal and Steel Price: Kolkata: Channels 150x75 mm data is updated monthly, averaging 41,760.000 INR/Metric Ton from Aug 2003 (Median) to Apr 2025, with 257 observations. The data reached an all-time high of 75,930.000 INR/Metric Ton in Apr 2022 and a record low of 21,150.000 INR/Metric Ton in Nov 2003. Metal and Steel Price: Kolkata: Channels 150x75 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.WAC004: Metal and Steel Retail Prices: Kolkata: Monthly.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Steel Pipe and Tube, Stainless Steel (WPU10170674) from Dec 2010 to Aug 2025 about steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

Steel Prices: Delhi: Kalkaji Market: Girders: 125x75 mm data was reported at 35,000.000 INR/Metric Ton in Jun 2016. This records a decrease from the previous number of 38,000.000 INR/Metric Ton for Mar 2016. Steel Prices: Delhi: Kalkaji Market: Girders: 125x75 mm data is updated quarterly, averaging 43,000.000 INR/Metric Ton from Mar 2014 (Median) to Jun 2016, with 10 observations. The data reached an all-time high of 48,000.000 INR/Metric Ton in Dec 2014 and a record low of 35,000.000 INR/Metric Ton in Jun 2016. Steel Prices: Delhi: Kalkaji Market: Girders: 125x75 mm data remains active status in CEIC and is reported by Directorate of Economics and Statistics, Government of NCT of Delhi. The data is categorized under India Premium Database’s Metal and Steel Sector – Table IN.WAC012: Steel Prices: NCT of Delhi: Kalkaji Market (Discontinued).

Gain leading price, inventory, index and production data on the Chinese steel market with LSEG's Steelhome dataset.

China Transaction Price: 36 City Avg: Carbon Steel: 180mm, 45# data was reported at 4,022.400 RMB/Ton in Mar 2025. This records a decrease from the previous number of 4,070.370 RMB/Ton for Feb 2025. China Transaction Price: 36 City Avg: Carbon Steel: 180mm, 45# data is updated monthly, averaging 4,467.670 RMB/Ton from Dec 2011 (Median) to Mar 2025, with 160 observations. The data reached an all-time high of 6,211.910 RMB/Ton in May 2021 and a record low of 2,389.000 RMB/Ton in Feb 2016. China Transaction Price: 36 City Avg: Carbon Steel: 180mm, 45# data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PA: Price Monitoring Center, NDRC: Transaction Price: Production Material: Steel.

Steel Prices: Delhi: Mahipalpur Market: Angle Iron: 75x75x6 data was reported at 38,000.000 INR/Metric Ton in Dec 2015. This records a decrease from the previous number of 40,000.000 INR/Metric Ton for Sep 2015. Steel Prices: Delhi: Mahipalpur Market: Angle Iron: 75x75x6 data is updated quarterly, averaging 42,500.000 INR/Metric Ton from Mar 2014 (Median) to Dec 2015, with 7 observations. The data reached an all-time high of 44,000.000 INR/Metric Ton in Sep 2014 and a record low of 38,000.000 INR/Metric Ton in Dec 2015. Steel Prices: Delhi: Mahipalpur Market: Angle Iron: 75x75x6 data remains active status in CEIC and is reported by Directorate of Economics and Statistics, Government of NCT of Delhi. The data is categorized under India Premium Database’s Metal and Steel Sector – Table IN.WAC014: Steel Prices: NCT of Delhi: Mahipalpur Market (Discontinued).

Indonesia Wholesale Price Index: Manufacturing: Metal Iron & Steel: Rectangular Shaped Steel (Slab Steel) data was reported at 134.780 2010=100 in Dec 2018. This records an increase from the previous number of 134.400 2010=100 for Nov 2018. Indonesia Wholesale Price Index: Manufacturing: Metal Iron & Steel: Rectangular Shaped Steel (Slab Steel) data is updated monthly, averaging 110.425 2010=100 from Jan 2013 (Median) to Dec 2018, with 72 observations. The data reached an all-time high of 134.780 2010=100 in Dec 2018 and a record low of 104.040 2010=100 in Jun 2013. Indonesia Wholesale Price Index: Manufacturing: Metal Iron & Steel: Rectangular Shaped Steel (Slab Steel) 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.