Steel fell to 3,112 CNY/T on August 22, 2025, down 0.32% from the previous day. Over the past month, Steel's price has fallen 2.99%, but it is still 3.87% 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 August of 2025.

Explore the factors impacting the price of mild steel per kilogram, including global market trends, demand-supply dynamics, and geopolitical influences. Learn how regional markets, tariffs, raw material costs, and technological advancements affect mild steel pricing, making it a versatile and cost-effective material for industries worldwide.

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.

HRC Steel rose to 832.03 USD/T on August 22, 2025, up 0.12% from the previous day. Over the past month, HRC Steel's price has fallen 5.02%, but it is still 13.20% 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.

After demand for steel dropped during the arrival of the COVID-19 pandemic in 2019, steel prices also took a hit. However, in 2021, hot-rolled coil (HRC) steel prices were projected to rebound to around *** U.S. dollars per metric ton—a ** percent recovery from the dip in prices that had continued into 2020. The U.S. market by the end of 2021 The United States is among the markets where hot-rolled coil (HRC) steel prices are the highest in the world. It was expected that U.S. steel distributors and producers, such as Nucor and United States Steel, would benefit from the steel tariffs on U.S. imports that came into effect in the spring of 2018. At the same time, U.S. imports from the countries subjected to the so-called Section 232 tariffs were projected to decline. By the end of 2021, Canada was the main country of origin for the U.S.’s imports for consumption of steel products. Impact on the Chinese market Even though a large part of China's steel exports to the United States had already been restricted through antidumping or countervailing duties, trade tensions put pressure on steel markets worldwide, including China. Chinese steel product imports amounted to ***** million U.S. dollars, making it the ninth country of origin for steel products in the United States. Overall, rolled steel was the seventh largest category of Chinese export goods in 2021, amounting to almost *** billion yuan (approximately ** billion U.S. dollars). This comes after China's steel sector had a drop in sales to its domestic auto sector in early 2019.

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

Explore the factors affecting steel plate prices per kilogram, including market demand, supply chain disruptions, and types of steel. Learn about the impact of economic conditions, geopolitical tensions, and environmental sustainability efforts on global steel pricing.

In 2023, the average selling prince of South Korean steel works company POSCO's carbon steel amounted to around **** million South Korean won per metric ton. This was a slight decrease compared to the previous year, but still represented the second-highest number of the past decade.

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).

Explore the factors influencing stainless steel prices per kilogram in 2023, including grade variations, global demand, and supply chain challenges. Understand the impact of raw material costs and geopolitical policies on stainless steel pricing for grades 304, 316, and 410.

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.

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).

Cyprus Construction Materials Price Index: MP: Iron & Steel: Structural Steel data was reported at 105.306 2005=100 in Dec 2013. This stayed constant from the previous number of 105.306 2005=100 for Nov 2013. Cyprus Construction Materials Price Index: MP: Iron & Steel: Structural Steel data is updated monthly, averaging 106.362 2005=100 from Jan 2005 (Median) to Dec 2013, with 108 observations. The data reached an all-time high of 151.490 2005=100 in Sep 2008 and a record low of 93.348 2005=100 in Jan 2010. Cyprus Construction Materials Price Index: MP: Iron & Steel: Structural Steel data remains active status in CEIC and is reported by Statistical Service of Cyprus. The data is categorized under Global Database’s Cyprus – Table CY.EA008: Construction Materials Price Index: 2005=100.

Explore the factors affecting chrome steel pricing per kilogram, including market demand, global conditions, and production costs. Learn how industry dynamics, raw material availability, and international trade policies influence prices, typically ranging from $2 to $4. Stay informed for effective sourcing and pricing strategies.

In the fiscal year 2023, the average market price of iron and steel scrap delivered in Japan was around ***** thousand Japanese yen per metric ton. This was a decrease compared to the preceding year.

In 2023, the price of ** to 32mm steel reinforcement bars in Singapore was at approximately ****** Singapore dollars per metric ton. This was a decrease from its market price in the previous year.

Get the latest insights on price movement and trend analysis of Stainless Steel (316) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Explore the factors influencing the cost of 1kg of steel, including type, grade, market conditions, and region. Understand price variations from $0.50 to over $6.00 per kg depending on steel type and economic trends as of October 2023. Learn about the impact of global events, bulk purchasing, and environmental regulations on steel pricing.

Singapore Construction Materials Price: Steel Bars data was reported at 795.600 SGD/Ton in Sep 2018. This records an increase from the previous number of 793.800 SGD/Ton for Jun 2018. Singapore Construction Materials Price: Steel Bars data is updated quarterly, averaging 783.000 SGD/Ton from Mar 2004 (Median) to Sep 2018, with 59 observations. The data reached an all-time high of 1,657.800 SGD/Ton in Jun 2008 and a record low of 397.100 SGD/Ton in Dec 2015. Singapore Construction Materials Price: Steel Bars data remains active status in CEIC and is reported by Building and Construction Authority . The data is categorized under Global Database’s Singapore – Table SG.EA002: Construction Materials: Demand and Prices.

In 2024, iron ore was worth an average of approximately *** U.S. dollars per dry metric ton unit (dmtu), compared to only ** U.S. dollars per dmtu in 2000. The month with the highest average iron ore price in 2021 was June, at over *** U.S. dollars per dmtu. Iron ore: market context and price fluctuation Iron ore is composed of minerals and rocks from which metallic iron can be extracted. Iron ore is an important part of the world economy, as a large proportion of iron ore is used to make steel, which is a widely used material globally. In a given year, the monthly price of iron ore varies noticeably, ranging for example from a high of ****** U.S. dollars per dmtu in June 2021 down to a low of ***** U.S. dollars per dmtu in November 2021. Major iron ore producing nations Australia has the world's largest iron ore reserves, at ** billion metric tons of crude iron ore and is also the world's largest producer of iron ore. Not surprisingly, China, the world's leading steel manufacturer, is also the world's leading importer of iron. In recent years, China's iron imports have increased significantly, from ****** million metric tons in 2004, to over *** billion metric tons in 2018.