Steel rose to 2,949 CNY/T on June 6, 2025, up 0.31% from the previous day. Over the past month, Steel's price has fallen 4.69%, and is down 14.47% 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 June of 2025.

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

Malaysia (DC)Unit Price Index: 91 Base: Region Pahang: Steel and Metal Sectio data was reported at 132.900 Jan1991=100 in Dec 2004. This stayed constant from the previous number of 132.900 Jan1991=100 for Nov 2004. Malaysia (DC)Unit Price Index: 91 Base: Region Pahang: Steel and Metal Sectio data is updated monthly, averaging 101.400 Jan1991=100 from Dec 1994 (Median) to Dec 2004, with 121 observations. The data reached an all-time high of 137.900 Jan1991=100 in Jun 2004 and a record low of 86.400 Jan1991=100 in Mar 1996. Malaysia (DC)Unit Price Index: 91 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 .

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.

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.

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).

As of December 2024, in Malaysia, mild steel round bars had the highest average price per metric ton at around 3,700 Malaysian ringgit. By comparison, the price of aggregates was 45.4 Malaysian ringgit per metric ton.

The Malaysian hot-rolled free-cutting steel market dropped to $6.5M in 2024, which is down by -14.7% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $15M in 2021; however, from 2022 to 2024, consumption stood at a somewhat lower figure.

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 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 .

In 2023, the import of iron and steel products in Malaysia was valued at approximately 32 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.

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).

HRC Steel rose to 880 USD/T on June 9, 2025, up 0.23% from the previous day. Over the past month, HRC Steel's price has fallen 1.12%, but it is still 21.38% 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 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 .

In 2024, after three years of growth, there was decline in the Malaysian flat-rolled steel products market, when its value decreased by -2% to $320M. In general, consumption, however, continues to indicate a strong expansion. Flat-rolled steel products consumption peaked at $327M in 2023, and then fell modestly in the following year.

Malaysia Civil Engineering Work: Mild Steel Round Bar: 32 mm: East data was reported at 2,718.660 MYR/Metric Ton in Jun 2018. This stayed constant from the previous number of 2,718.660 MYR/Metric Ton for May 2018. Malaysia Civil Engineering Work: Mild Steel Round Bar: 32 mm: East data is updated monthly, averaging 2,466.750 MYR/Metric Ton from Dec 2006 (Median) to Jun 2018, with 139 observations. The data reached an all-time high of 3,980.000 MYR/Metric Ton in Aug 2008 and a record low of 1,664.330 MYR/Metric Ton in Dec 2006. Malaysia Civil Engineering Work: Mild Steel Round Bar: 32 mm: East 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.

In 2023, the amount of hot-rolled bars in free-cutting steels exported from Malaysia dropped rapidly to 1.4K tons, falling by -66.3% on 2022 figures.

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

In 2024, the Malaysian market for tubes, pipes and hollow profiles (of iron or steel) decreased by -3% to $911M, falling for the fourth year in a row after three years of growth. In general, consumption continues to indicate a pronounced shrinkage. As a result, consumption attained the peak level of $1.7B. From 2021 to 2024, the growth of the market remained at a somewhat lower figure.

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).