Steel fell to 3,189 CNY/T on August 14, 2025, down 0.84% from the previous day. Over the past month, Steel's price has risen 4.15%, and is up 14.38% 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 August of 2025.

Iron and Steel Price in Malaysia - 2021. Find the latest marketing data on the IndexBox platform.

Malaysia (DC)Unit Price Index: 80 Base: Region Pahang: Steel and Metal Sectio data was reported at 108.700 Jan1980=100 in Jan 1995. This stayed constant from the previous number of 108.700 Jan1980=100 for Dec 1994. Malaysia (DC)Unit Price Index: 80 Base: Region Pahang: Steel and Metal Sectio data is updated monthly, averaging 103.100 Jan1980=100 from Jan 1985 (Median) to Jan 1995, with 121 observations. The data reached an all-time high of 124.500 Jan1980=100 in May 1989 and a record low of 92.000 Jan1980=100 in Feb 1994. Malaysia (DC)Unit Price Index: 80 Base: Region Pahang: Steel and Metal Sectio data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Malaysia – Table MY.I045: Unit Building Material Price Index .

HRC Steel fell to 826.01 USD/T on August 14, 2025, down 0.84% from the previous day. Over the past month, HRC Steel's price has fallen 6.24%, but it is still 25.15% 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.

Malaysia Civil Engineering Work: Mild Steel Round Bar: 16 mm: Central data was reported at 2,415.410 MYR/Metric Ton in Oct 2018. This stayed constant from the previous number of 2,415.410 MYR/Metric Ton for Sep 2018. Malaysia Civil Engineering Work: Mild Steel Round Bar: 16 mm: Central data is updated monthly, averaging 2,306.620 MYR/Metric Ton from Dec 2006 (Median) to Oct 2018, with 143 observations. The data reached an all-time high of 3,858.330 MYR/Metric Ton in Jul 2008 and a record low of 1,664.330 MYR/Metric Ton in Dec 2006. Malaysia Civil Engineering Work: Mild Steel Round Bar: 16 mm: Central data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Malaysia – Table MY.P005: Civil Engineering Work: Average Unit Price.

As of December 2024, in Malaysia, mild steel round bars had the highest average price per metric ton at around ***** Malaysian ringgit. By comparison, the price of aggregates was **** Malaysian ringgit per metric ton.

Malaysia Unit Price Index: Pahang: Steel and Metal Sections data was reported at 133.800 Jul2012=100 in Jun 2018. This records a decrease from the previous number of 136.500 Jul2012=100 for May 2018. Malaysia Unit Price Index: Pahang: Steel and Metal Sections data is updated monthly, averaging 119.800 Jul2012=100 from Jul 2012 (Median) to Jun 2018, with 72 observations. The data reached an all-time high of 136.500 Jul2012=100 in May 2018 and a record low of 100.000 Jul2012=100 in Sep 2012. Malaysia Unit Price Index: Pahang: Steel and Metal Sections data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Malaysia – Table MY.I045: Unit Building Material Price Index .

Malaysia Unit Price Index: PP: Steel and Metal Sections data was reported at 111.400 Jul2012=100 in Jun 2018. This records a decrease from the previous number of 113.000 Jul2012=100 for May 2018. Malaysia Unit Price Index: PP: Steel and Metal Sections data is updated monthly, averaging 100.400 Jul2012=100 from Jul 2012 (Median) to Jun 2018, with 72 observations. The data reached an all-time high of 114.300 Jul2012=100 in Oct 2017 and a record low of 99.200 Jul2012=100 in Sep 2013. Malaysia Unit Price Index: PP: Steel and Metal Sections data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Malaysia – Table MY.I045: Unit Building Material Price Index .

The Malaysian market for raw steel and pig iron surged to $59M in 2024, rising by 21% against the previous year. Overall, consumption, however, continues to indicate a slight setback. Raw steel and pig iron consumption peaked at $112M in 2013; however, from 2014 to 2024, consumption failed to regain momentum.

In 2023, the import of iron and steel products in Malaysia was valued at approximately ** billion Malaysian ringgit, a slight decrease compared to the previous year. The import value in 2021 marked the highest value of the commodity during the observed period.

The Malaysian hot-rolled free-cutting steel market fell significantly to $5.1M in 2024, with a decrease of -31.3% against the previous year. Over the period under review, consumption saw a mild downturn. Over the period under review, the market attained the maximum level at $15M in 2021; however, from 2022 to 2024, consumption stood at a somewhat lower figure.

Malaysia (DC)Unit Price Index: 80 Base: Region Kelantan: Steel and Metal Sect data was reported at 105.400 Jan1980=100 in Jan 1995. This stayed constant from the previous number of 105.400 Jan1980=100 for Dec 1994. Malaysia (DC)Unit Price Index: 80 Base: Region Kelantan: Steel and Metal Sect data is updated monthly, averaging 98.800 Jan1980=100 from Jan 1985 (Median) to Jan 1995, with 121 observations. The data reached an all-time high of 119.400 Jan1980=100 in May 1989 and a record low of 87.200 Jan1980=100 in Feb 1986. Malaysia (DC)Unit Price Index: 80 Base: Region Kelantan: Steel and Metal Sect data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Malaysia – Table MY.I045: Unit Building Material Price Index .

In 2017, approx. X tons of cast articles of iron or steel were imported into Malaysia; coming up by X% against the previous year. Overall, the total imports indicated a temperate growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the imports of cast articles of iron or steel increased by +X% against 2014 indices.

Malaysia (DC)Unit Price Index: Perak: Steel and Metal Sections data was reported at 73.200 Jul2008=100 in Dec 2012. This stayed constant from the previous number of 73.200 Jul2008=100 for Nov 2012. Malaysia (DC)Unit Price Index: Perak: Steel and Metal Sections data is updated monthly, averaging 74.500 Jul2008=100 from Jul 2008 (Median) to Dec 2012, with 54 observations. The data reached an all-time high of 100.400 Jul2008=100 in Aug 2008 and a record low of 72.500 Jul2008=100 in Feb 2010. Malaysia (DC)Unit Price Index: Perak: Steel and Metal Sections data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Malaysia – Table MY.I045: Unit Building Material Price Index .

Malaysia (DC)Unit Price Index: 91 Base: Region Johor: Steel and Metal Section data was reported at 130.500 Jan1991=100 in Dec 2004. This stayed constant from the previous number of 130.500 Jan1991=100 for Nov 2004. Malaysia (DC)Unit Price Index: 91 Base: Region Johor: Steel and Metal Section data is updated monthly, averaging 99.300 Jan1991=100 from Dec 1994 (Median) to Dec 2004, with 121 observations. The data reached an all-time high of 135.600 Jan1991=100 in Jun 2004 and a record low of 83.800 Jan1991=100 in Mar 1996. Malaysia (DC)Unit Price Index: 91 Base: Region Johor: Steel and Metal Section data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Malaysia – Table MY.I045: Unit Building Material Price Index .

Hot-Rolled Steel Products Price in Malaysia - 2021. Find the latest marketing data on the IndexBox platform.

In 2024, the Malaysian forged stainless steel bar market increased by 12% to $158M for the first time since 2021, thus ending a two-year declining trend. Over the period under review, consumption, however, recorded a slight curtailment. Over the period under review, the market attained the peak level at $182M in 2012; however, from 2013 to 2024, consumption remained at a lower figure.

Malaysia (DC)Unit Price Index: 80 Base: Region Pulau Pinang: Steel & Metal Se data was reported at 107.200 Jan1980=100 in Jan 1995. This stayed constant from the previous number of 107.200 Jan1980=100 for Dec 1994. Malaysia (DC)Unit Price Index: 80 Base: Region Pulau Pinang: Steel & Metal Se data is updated monthly, averaging 101.100 Jan1980=100 from Jan 1985 (Median) to Jan 1995, with 121 observations. The data reached an all-time high of 122.500 Jan1980=100 in Feb 1991 and a record low of 91.400 Jan1980=100 in Feb 1994. Malaysia (DC)Unit Price Index: 80 Base: Region Pulau Pinang: Steel & Metal Se data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Malaysia – Table MY.I045: Unit Building Material Price Index .

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In 2024, the Malaysian market for tubes, pipes and hollow profiles (of iron or steel) decreased by -20.3% to $155M, falling for the second year in a row after two years of growth. Overall, consumption, however, posted buoyant growth. Over the period under review, the market reached the maximum level at $425M in 2022; however, from 2023 to 2024, consumption remained at a lower figure.