Steel decreased 101 Yuan/MT or 3.05% since the beginning of 2025, 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 March of 2025.

Iron and Steel Price in Canada - 2023. Find the latest marketing data on the IndexBox platform.

This table contains 215 series, with data for years 1956 - 2013 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Commodities (215 items: Primary metal products; Iron and steel products; Primary steel products; Ferrosilicon ...).

In 2024, the Canadian hot-rolled steel products market decreased by -5.5% to $6.1B, falling for the second year in a row after two years of growth. Overall, consumption, however, saw a mild curtailment. Over the period under review, the market attained the maximum level at $7.8B in 2014; however, from 2015 to 2024, consumption stood at a somewhat lower figure.

Cold-Rolled Steel Products Price in Canada - 2023. Find the latest marketing data on the IndexBox platform.

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 555 U.S. dollars per metric ton—a 15 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 717.7 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 529 billion yuan (approximately 82 billion U.S. dollars). This comes after China's steel sector had a drop in sales to its domestic auto sector in early 2019.

Raw materials price index (RMPI) by North American Product Classification System (NAPCS) 2017 Version 2.0. Monthly data are available from January 1981. The table presents data for the most recent reference period and the last four periods. The base period for the index is (202001=100).

HRC Steel increased 180.96 USD/T or 25.52% since the beginning of 2025, 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.

In 2023, after three years of growth, there was decline in shipments abroad of hot-rolled bars in free-cutting steels, when their volume decreased by -1.9% to 25K tons.

Commodity Price Index: Forestry data was reported at 476.840 Jan1972=100 in Feb 2025. This records an increase from the previous number of 463.950 Jan1972=100 for Jan 2025. Commodity Price Index: Forestry data is updated monthly, averaging 290.820 Jan1972=100 from Jan 1972 (Median) to Feb 2025, with 638 observations. The data reached an all-time high of 1,001.900 Jan1972=100 in May 2021 and a record low of 100.000 Jan1972=100 in Jan 1972. Commodity Price Index: Forestry data remains active status in CEIC and is reported by Bank of Canada. The data is categorized under Global Database’s Canada – Table CA.I025: Commodity Price Index: Jan1972=100: Monthly.

This table contains 14 series, with data for years 1977 - 1995 (not all combinations necessarily have data for all years), and was last released on 2000-02-18. This table contains data described by the following dimensions (Not all combinations are available): Geography (4 items: Canada; Atlantic provinces and Quebec; Ontario; Prairie provinces and British Columbia ...), Manufacturer-installer selling price indexes (4 items: Field erected fabricated steel; Bulk storage tanks; Buildings; Bridges ...), Index base period (2 items: 1986=100; 1981=100 ...).

Canada Commodity Price Index: Metals and Minerals data was reported at 851.950 Jan1972=100 in Feb 2025. This records an increase from the previous number of 817.090 Jan1972=100 for Jan 2025. Canada Commodity Price Index: Metals and Minerals data is updated monthly, averaging 292.795 Jan1972=100 from Jan 1972 (Median) to Feb 2025, with 638 observations. The data reached an all-time high of 1,076.840 Jan1972=100 in Apr 2022 and a record low of 100.000 Jan1972=100 in Jan 1972. Canada Commodity Price Index: Metals and Minerals data remains active status in CEIC and is reported by Bank of Canada. The data is categorized under Global Database’s Canada – Table CA.I025: Commodity Price Index: Jan1972=100: Monthly.

The industry has achieved a 3.5% CAGR during the current period, primarily due to strong expansion in 2021, though this was partly offset by declines in subsequent years. Growth in the Canadian economy, driven by government stimulus packages and a gradual recovery from the pandemic's effects, has boosted demand for steel and iron products. However, the increase in demand has been counterbalanced by falling steel prices, leading to a decline in industry revenue since 2022. The industry experienced a downturn in 2024 and is expected to continue on a downward path, with revenues projected to decrease by 5.7% to $16.0 billion in 2025. Structurally, the Canadian steel and iron industry is heavily influenced by global supply and demand, particularly changes in China's economy, which significantly affect steel prices. Canada's producers have endured compressed profits due to a declining global steel price environment and a substantial influx of Chinese steel imports. Domestic industry leaders are advocating for protective tariffs to shield Canadian producers from becoming a dumping ground for excess global capacity. Additionally, the threat of a 25% tariff from the US on Canadian imports poses a significant risk to exports, with potential repercussions for economic stability and industry profitability. As the industry navigates these challenges, a focus on operational efficiency and robust trade relations will be pivotal. Looking ahead, the outlook for Canadian steel and iron manufacturers presents both challenges and opportunities. The persistently weak demand for steel from China is expected to keep global prices low in the near term, contributing to a projected 0.6% CAGR decline in industry revenue leading up to 2030. However, growing domestic demand and government infrastructure investments may help mitigate some of these pressures, as an expected rise in Canada's GDP fosters demand for steel products. Furthermore, the expansion of Mexico's automotive sector is set to enhance the role of exports, opening up new market opportunities for Canadian producers. Ongoing investment in sustainable technology and initiatives targeting net-zero CO2 emissions by 2050 will be vital for maintaining the industry's competitiveness and aligning with global decarbonization efforts. Overall, the industry is projected to experience declines in the early part of the outlook period, with some growth anticipated later, leading to revenues of $15.5 billion by 2030.

Wholesale Prices in Canada increased to 146.90 points in February from 146.40 points in January of 2025. This dataset provides - Canada Raw Materials Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial product price index (IPPI), by major product group by North American Product Classification System (NAPCS) 2017 Version 2.0. Monthly data are available from January 1956. The table presents data for the most recent reference period and the last four periods. The base period for the index is (202001=100).

Commodity Price Index: Fish data was reported at 1,937.160 Jan1972=100 in Feb 2025. This records a decrease from the previous number of 1,945.480 Jan1972=100 for Jan 2025. Commodity Price Index: Fish data is updated monthly, averaging 799.270 Jan1972=100 from Jan 1972 (Median) to Feb 2025, with 638 observations. The data reached an all-time high of 2,015.470 Jan1972=100 in Mar 2022 and a record low of 86.300 Jan1972=100 in May 1972. Commodity Price Index: Fish data remains active status in CEIC and is reported by Bank of Canada. The data is categorized under Global Database’s Canada – Table CA.I025: Commodity Price Index: Jan1972=100: Monthly.

The Canadian stainless steel angle market soared to $74M in 2024, jumping by 18% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $107M. From 2014 to 2024, the growth of the market remained at a somewhat lower figure.

Steel Railway Material Price in Canada - 2023. Find the latest marketing data on the IndexBox platform.

Commodity Price Index: Agriculture data was reported at 309.620 Jan1972=100 in Feb 2025. This records an increase from the previous number of 303.850 Jan1972=100 for Jan 2025. Commodity Price Index: Agriculture data is updated monthly, averaging 182.305 Jan1972=100 from Jan 1972 (Median) to Feb 2025, with 638 observations. The data reached an all-time high of 391.540 Jan1972=100 in May 2022 and a record low of 100.000 Jan1972=100 in Jan 1972. Commodity Price Index: Agriculture data remains active status in CEIC and is reported by Bank of Canada. The data is categorized under Global Database’s Canada – Table CA.I025: Commodity Price Index: Jan1972=100: Monthly.

Hot-Rolled Steel Products Price in Canada - 2023. Find the latest marketing data on the IndexBox platform.