Steel fell to 3,086 CNY/T on July 11, 2025, down 0.61% from the previous day. Over the past month, Steel's price has risen 5.22%, but it is still 6.46% 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 July of 2025.

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.

Steel Prices: Delhi: Mahipalpur Market: Angle Iron: 45x45x6 data was reported at 36,000.000 INR/Metric Ton in Dec 2015. This records a decrease from the previous number of 38,500.000 INR/Metric Ton for Sep 2015. Steel Prices: Delhi: Mahipalpur Market: Angle Iron: 45x45x6 data is updated quarterly, averaging 43,000.000 INR/Metric Ton from Jun 2013 (Median) to Dec 2015, with 11 observations. The data reached an all-time high of 43,500.000 INR/Metric Ton in Jun 2014 and a record low of 36,000.000 INR/Metric Ton in Dec 2015. Steel Prices: Delhi: Mahipalpur Market: Angle Iron: 45x45x6 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).

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Fabricated Steel Plate (WPU10760102) from Dec 2001 to May 2025 about fabrication, steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

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.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Steel Wire, Stainless Steel (WPU10170502) from Dec 2010 to Jul 2023 about wired, steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

In 2024, the producer price index (PPI) for iron and steel in Japan stood at *** index points on average, decreasing from ****** points in the previous year. The lowest producer price of iron and steel within the preceding decade was in 2016, with a PPI of ***** points. What determines the price of steel products? Steelmaking requires several raw materials and plenty of energy. Japan has hardly any significant resources to satisfy either demand domestically. Therefore, the country imports iron ore and coking coal, the crucial raw materials needed to produce steel by using blast furnaces. Accordingly, the price depends on the overall energy price and a steady raw material supply – primarily from Australia. For recycling, steel scrap can be added to a certain degree within the conventional process or re-melted in electric arc furnaces. The latter process entails high electricity consumption, making recycled steel of this kind expensive. Carbon-neutral steel: a matter of price Ample carbon emissions are caused by removing excess carbon left from the carbon-based reduction of the iron oxides. Consequently, one strategy is to adjust steel plants to carbon-neutral reducing agents, such as green or blue hydrogen. Carbon capture, usage, and storage (CCUS), still in development, could offset further emissions on top.The trade-off for implementing these measures and using sustainable energy had called for a gradual transition. Ironically, the latest price increases in fossil fuels could spur ecological investments even more than the contested CO2-emission-based premium included in the petroleum and coal tax.

HRC Steel fell to 876.95 USD/T on July 11, 2025, down 0.57% from the previous day. Over the past month, HRC Steel's price has risen 1.73%, and is up 31.87% 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.

China Transaction Price: 36 City Avg: Stainless Steel: 2.0, 304/2B Cold Roll data was reported at 15,097.180 RMB/Ton in Mar 2025. This records a decrease from the previous number of 15,170.080 RMB/Ton for Feb 2025. China Transaction Price: 36 City Avg: Stainless Steel: 2.0, 304/2B Cold Roll data is updated monthly, averaging 16,515.000 RMB/Ton from Dec 2011 (Median) to Mar 2025, with 160 observations. The data reached an all-time high of 22,569.000 RMB/Ton in Jan 2012 and a record low of 13,381.000 RMB/Ton in Dec 2015. China Transaction Price: 36 City Avg: Stainless Steel: 2.0, 304/2B Cold Roll 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: 36 City Monthly Avg: Transaction Price: Production Material.

In 2023, the price index for iron and steel combined in Germany was *****. This means that compared to 2015, the index year, prices have increased by almost *** percent. This was a significant difference compared to the year before.

Steel Prices: Delhi: Kalkaji Market: Mild Steel Sheets Galvanised Plain: 1.25 mm Thickness data was reported at 52,000.000 INR/Metric Ton in Jun 2016. This stayed constant from the previous number of 52,000.000 INR/Metric Ton for Mar 2016. Steel Prices: Delhi: Kalkaji Market: Mild Steel Sheets Galvanised Plain: 1.25 mm Thickness data is updated quarterly, averaging 52,000.000 INR/Metric Ton from Mar 2014 (Median) to Jun 2016, with 6 observations. The data reached an all-time high of 62,000.000 INR/Metric Ton in Jun 2014 and a record low of 47,000.000 INR/Metric Ton in Dec 2015. Steel Prices: Delhi: Kalkaji Market: Mild Steel Sheets Galvanised Plain: 1.25 mm Thickness 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).

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Iron and Steel (WPU101) from Jan 1926 to May 2025 about iron, steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

The basic steel processing industry revenue is set to climb at a compound annual rate of 2.4% over the five years through 2025-26 to just over £1.2 billion, including a 2.7% hike in 2025-26. Industry revenue has been highly volatile in recent years, mostly down to volatile steel prices. Supply chain disruptions and soaring energy costs amid Russia’s invasion of Ukraine conflict caused steel prices to skyrocket in 2022-23, ballooning production costs for basic steel processing companies. While this inflated revenue as companies passed on the cost hikes, sales volumes remained subdued as the same challenging market conditions ate away at downstream buyers’ demand for cold-formed steel products. Due to the steep steel prices and inflated energy costs over 2022-23 and part of 2023-24, basic steel processing companies have struggled to remain profitable despite raising their prices. As steel prices are easing in 2025-26, profitability is set to see some improvement, reaching 6.4% in 2025-26. However, price volatility will continue to permeate the industry, particularly because of the US’s new “Liberation Day” tariffs on steel and aluminium products. While the UK reached a trade agreement with the US on 8 May 2025 to exempt British steel and aluminium products, the tariffs on other countries are set to spark trade diversions, supply chain restructuring and retaliatory tariffs in other markets, impacting global steel prices and industry revenue. Still, strong investment from British car manufacturers is set to support domestic demand for cold-formed steel products in 2025-26 and the coming years, shielding basic steel processing companies from the volatility of export markets. Over the five years through 2030-31, industry revenue is forecast to climb at a compound annual rate of 1.5% to £1.3 billion. Growth in vehicle and aerospace manufacturing output is set to support demand for cold-formed steel products. The oversupply of cheap steel in the global market will remain the most significant threat to UK cold-formed steel product manufacturers. However, UK steel import tariffs are set to protect national steel processors until 9 February 2028 when the anti-dumping measure expires. This will also keep input costs high for companies that aren’t vertically integrated or have their steel furnaces in other countries, like Voestalpine, limiting industry profitability.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Steel Ingots and Semifinished Steel Mill Products, Stainless (WPU10170205) from Dec 2010 to Sep 2015 about intermediate, mills, steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

Graph and download economic data for Producer Price Index by Industry: Iron and Steel Mills: Hot Rolled Steel Structural Shapes, Carbon (DISCONTINUED) (PCU33111033111074) from Dec 2010 to Apr 2015 about iron, mills, steel, PPI, industry, inflation, price index, indexes, price, and USA.

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.

US iron and steel manufacturers, who are estimated to generate $108.4 billion in revenue for 2025, face a complex financial landscape after several years of fluctuating performance. While the industry has demonstrated a current period growth of 3.7% CAGR, the current year growth is estimated at 3.6%. Lower revenues in recent years were linked to depressed steel prices, caused by oversupply, sluggish demand in the construction and automotive sectors, and import competition. However, early 2025 has seen an uptick in prices driven partly by tariffs on imported steel, providing a glimmer of hope for improved earnings and profit, even as stricter EPA regulations on air quality and hazardous pollutants raise compliance costs. Characterized by a mix of large integrated producers and smaller specialized mills, the industry's structure is being reshaped by tariffs on foreign steel. While tariffs are boosting domestic manufacturers by creating a more favorable environment for domestic investment and job creation, they are also driving up costs for downstream industries such as automakers and construction firms. These tariffs, imposed to protect domestic producers, have contributed to higher US steel prices, even as manufacturers navigate increasingly stringent environmental regulations. The EPA's tougher air quality standards, targeting emissions from steelmaking processes, require costly investments in new equipment and process upgrades. As a result, the industry faces a complex landscape of trade tensions and varying profit impacts across different sectors. Looking ahead, the industry is expected to see growth stimulated by projected expansion in the domestic economy and large-scale federal infrastructure investments. Government initiatives, particularly those tied to infrastructure projects with “Buy America” provisions, are expected to bolster demand for domestically produced steel. The industry is projected to achieve a 1.7% CAGR through 2030, reaching $117.8 billion in revenue. Rising demand for green steel will also accelerate technology investments and transform production processes. Steelmakers will need to invest in expanding capacity, modernizing facilities and adopting advanced manufacturing technologies to meet anticipated demand and comply with evolving environmental standards.

Graph and download economic data for Producer Price Index by Industry: Rolled Steel Shape Manufacturing: Cold Rolled Sheets and Strip, Alloy Steel (DISCONTINUED) (PCU33122133122113) from Dec 2010 to Jan 2015 about steel, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

Europe's Iron and Steel Manufacturing industry represents a key backbone of the region's industrial landscape. It's strategically interlinked with various sectors like construction, automotive, machinery and equipment manufacturers. Given steel's versatile applications, the industry's fortunes regularly swing with Europe's broader macroeconomic environment and key drivers, including raw material prices like steel, iron ore and coking coal, alongside construction and motor vehicle manufacturing activity. Profit has dwindled in the face of low steel prices and heightened environmental regulations, which have inflated costs. Over the five years through 2025, revenue is expected to rise at a compound annual rate of 7.5%. However, revenue is projected to tumble by 0.4% in 2025 to €520.6 billion. The industry has faced its share of challenges due to fluctuations in global trade, raw material prices and dented demand from key sectors like construction and motor vehicle manufacturing since 2023. High labour costs and environmental regulations have challenged European steelmakers, with some receiving government support to improve efficiency and decarbonisation efforts, like ArcelorMittal and thyssenkrupp Steel. Over the five years through 2030, revenue is forecast to grow at a compound annual rate of 4.6% to reach €652.4 billion. The industry's outlook appears to be a blend of opportunities and hurdles. Initiatives like Germany's Steel 2030 are pointing towards a green future – necessitating significant production adjustments to incorporate steel scrap and energy-efficient technologies but promising sustainability and potentially new competitive advantages. The projected improvement in Europe's construction sector should translate into a broader and more vibrant demand for iron and steel manufacturers. Anticipated advances in electric vehicles and an anticipated transformation of the European automotive sector will likely alter demand patterns, making it crucial for manufacturers to stay agile and adapt.

Japan Steel Works price/book ratio from 2015 to 2024. Price/book ratio can be defined as