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.

This statistic shows the monthly prices of U.S. flat rolled steel throughout 2018, with a breakdown by main product type. Flat rolled steel is often used in pipe work, boilers, and construction. Plate steel, which is a relatively thick product and used in shipbuilding, cost *** U.S. dollars per short ton at the start of 2018 in January.

From May to August 2018, rebar products cost *** U.S. dollars per short ton. Rebar, which is short for reinforcing bar, is used to reinforce concrete or other aspects of masonry in order to provide tensile strength to large structures.

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.

The producer price index for iron and steel metals and metal products in the United States fell between 2018 and 2020. Prices for steel commodities in particular have fluctuated over the ***** due to uncertain markets and international diplomacy.

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

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Cold Rolled Steel Sheet and Strip (WPU101707) from Jun 1982 to Sep 2025 about steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

United States Import Price Index: BM: Iron and Steel data was reported at 230.800 2000=100 in Jun 2018. This records a decrease from the previous number of 231.400 2000=100 for May 2018. United States Import Price Index: BM: Iron and Steel data is updated monthly, averaging 166.900 2000=100 from Dec 1993 (Median) to Jun 2018, with 295 observations. The data reached an all-time high of 314.600 2000=100 in Jul 2008 and a record low of 88.900 2000=100 in Jan 2002. United States Import Price Index: BM: Iron and Steel data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.I030: Import and Export Price Index: 2000=100: By Harmonized Index.

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.

Indonesia Wholesale Price Index: Manufacturing: Metal Iron & Steel: Sheet Iron data was reported at 129.350 2010=100 in Dec 2018. This records an increase from the previous number of 129.130 2010=100 for Nov 2018. Indonesia Wholesale Price Index: Manufacturing: Metal Iron & Steel: Sheet Iron data is updated monthly, averaging 109.150 2010=100 from Jan 2013 (Median) to Dec 2018, with 72 observations. The data reached an all-time high of 129.350 2010=100 in Dec 2018 and a record low of 101.270 2010=100 in Jan 2013. Indonesia Wholesale Price Index: Manufacturing: Metal Iron & Steel: Sheet Iron data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Indonesia Premium Database’s Inflation – Table ID.IB004: Wholesale Price Index: by Sector: Manufacturing.

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.

Indonesia Wholesale Price Index: Manufacturing: Metal Iron & Steel: Rectangular Shaped Steel (Slab Steel) data was reported at 134.780 2010=100 in Dec 2018. This records an increase from the previous number of 134.400 2010=100 for Nov 2018. Indonesia Wholesale Price Index: Manufacturing: Metal Iron & Steel: Rectangular Shaped Steel (Slab Steel) data is updated monthly, averaging 110.425 2010=100 from Jan 2013 (Median) to Dec 2018, with 72 observations. The data reached an all-time high of 134.780 2010=100 in Dec 2018 and a record low of 104.040 2010=100 in Jun 2013. Indonesia Wholesale Price Index: Manufacturing: Metal Iron & Steel: Rectangular Shaped Steel (Slab Steel) data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Indonesia Premium Database’s Inflation – Table ID.IB004: Wholesale Price Index: by Sector: Manufacturing.

Commodity Index: Multi Commodity Exchange of India: Future Price: Metal data was reported at 5,092.260 2001=1000 in 10 Dec 2018. This records an increase from the previous number of 5,053.790 2001=1000 for 07 Dec 2018. Commodity Index: Multi Commodity Exchange of India: Future Price: Metal data is updated daily, averaging 4,242.070 2001=1000 from Jun 2005 (Median) to 10 Dec 2018, with 3904 observations. The data reached an all-time high of 5,741.310 2001=1000 in 03 Sep 2013 and a record low of 1,466.410 2001=1000 in 04 Jul 2005. Commodity Index: Multi Commodity Exchange of India: Future Price: Metal data remains active status in CEIC and is reported by Multi Commodity Exchange of India. The data is categorized under India Premium Database’s Financial Market – Table IN.ZF004: Commodity Index.

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 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 Import Price Index (Harmonized System): Articles of iron or steel, not elsewhere specified or included (IP7326) from Dec 2012 to Dec 2018 about iron, steel, harmonized, imports, price index, indexes, price, and USA.

In 2016, the global imports of cold-rolled steel stood at 42M tons, remaining constant against the previous year level. In general, cold-rolled steel imports continue to indicate a relatively flat t...

In 2016, approx. 142M tons of hot-rolled steel were imported worldwide- moving up by 2% against the previous year level. Overall, hot-rolled steel imports continue to indicate a relatively flat tren...

In value terms, alloy steel bars, rods, shapes and sections exports totaled $18B in 2016. In general, alloy steel bars, rods, shapes and sections exports continue to indicate a remarkable increase. Gl...

Graph and download economic data for Global price of Metal index (PMETAINDEXM) from Jan 1992 to Jun 2025 about metals, World, indexes, and price.