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.

Steel rose to 3,117 CNY/T on December 2, 2025, up 0.23% from the previous day. Over the past month, Steel's price has risen 1.30%, but it is still 7.09% lower 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 December of 2025.

HRC Steel fell to 891.06 USD/T on December 2, 2025, down 0.88% from the previous day. Over the past month, HRC Steel's price has risen 5.08%, and is up 29.14% compared to the same time last year, 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.

Monthly and long-term steel (europe) price data (US$/mt): historical series and analyst forecasts curated by FocusEconomics.

In January 2023, the forged stainless steel bar price amounted to $6,948 per ton (CIF, United Kingdom), reducing by -7.8% against the previous month.

The average hot-rolled free-cutting steel import price stood at $881 per ton in March 2025, with a decrease of -8.3% against the previous month.

In March 2025, the average hot-rolled round stainless steel export price amounted to $8,110 per ton, which is down by -13.2% against the previous month.

This dataset contains the analysis for the research article entitled "From symbiosis to scarcity: Evaluating disruption associated with decarbonisation to circular waste materials between the UK cement and steel sectors".Dataset available as an interlinked XLSX spreadsheet or as individual CSV files, where: ReadME) Dataset metadata, 1) A material flow analysis on the cement and concrete sector and the steel sector in the UK, 2) A material flow analysis on the cement and concrete sector, and the iron and steel sector globally, 3) Calculating the current and future carbon intensity of steel per tonne of product utilising the UK and global material flow analyses, 4) Calculating the current and future carbon intensity of cement per tonne of product utilising the UK and global material flow analyses, 5) Calculating the average transportation distance by sea from China, India, and Japan to the UK from the three largest ports (by economic value) from each country to the UK's three largest ports (by economic value), 6) Assessment of the current, and prediction of the future economic value of iron, steel, and GGBS under both import and export scenarions using historical UK trade data (2000 onwards), 7) Supplementary calculations related to the steel sector to support other sheet, 8) Supplementary calculations related to the steel sector to support other sheets.

In March 2025, the average steel sheet piling import price amounted to $1,265 per ton, increasing by 25% against the previous month.

In March 2025, the average import price for hot-rolled bars of high speed steel amounted to $8,464 per ton, jumping by 16% against the previous month.

The average export price for stainless steel in ingots or other primary forms stood at $2,935 per ton in March 2025, growing by 1.6% against the previous month.

In March 2025, the average non-alloy steel u-section import price amounted to $974 per ton, surging by 13% against the previous month.

The average non-alloy steel h-sections export price stood at $742 per ton in March 2025, therefore, remained relatively stable against the previous month.

Aluminum fell to 2,884.05 USD/T on December 2, 2025, down 0.29% from the previous day. Over the past month, Aluminum's price has fallen 0.99%, but it is still 10.42% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Aluminum - values, historical data, forecasts and news - updated on December of 2025.

In March 2025, the average export price for hot-rolled wire rod in coil of stainless steel amounted to $4,263 per ton, declining by -4.5% against the previous month.

LME Index rose to 4,700 Index Points on October 29, 2025, up 0.79% from the previous day. Over the past month, LME Index's price has risen 7.33%, and is up 13.22% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. LME Index - values, historical data, forecasts and news - updated on December of 2025.

In March 2025, the average free-cutting steel wire rod export price amounted to $746 per ton, which is down by -8.7% against the previous month.

Coal fell to 108.35 USD/T on December 1, 2025, down 1.86% from the previous day. Over the past month, Coal's price has fallen 1.14%, and is down 20.33% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Coal - values, historical data, forecasts and news - updated on December of 2025.

Nickel fell to 14,879.88 USD/T on December 3, 2025, down 0.20% from the previous day. Over the past month, Nickel's price has fallen 1.20%, and is down 7.47% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Nickel - values, historical data, forecasts and news - updated on December of 2025.

Copper rose to 5.19 USD/Lbs on December 2, 2025, up 0.35% from the previous day. Over the past month, Copper's price has risen 3.22%, and is up 25.36% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Copper - values, historical data, forecasts and news - updated on December of 2025.