The steel rebar prices in the United States for Q3 2024 reached 860 USD/MT in September. The region experienced notable price drops amid declining demand and excess supply. Prices consistently trended downward, with a minor decrease at the end of the quarter. This persistent bearish sentiment highlighted ongoing challenges in stabilizing the market as excess supply continued to weigh heavily on pricing dynamics.

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.

In Q3 2025, North America Steel Rebar Price Index rose by 6.47% quarter-over-quarter, Q3 2025, tariff support. Check detailed insights for Europe and APAC.

Explore the 2023 trends and factors affecting steel rebar prices in construction and infrastructure, influenced by global economic conditions, supply chain issues, and market demand.

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.

The global steel rebars market is experiencing robust growth, with a market size of $260,820 million in 2025 and a projected Compound Annual Growth Rate (CAGR) of 7.0% from 2025 to 2033. This expansion is driven by a surge in infrastructure development projects globally, particularly in emerging economies experiencing rapid urbanization and industrialization. The construction boom in housing, both residential and commercial, significantly contributes to the high demand for steel rebars, which are essential for reinforcing concrete structures. Furthermore, growth in industrial construction, including factories, warehouses, and manufacturing plants, fuels further market expansion. Deformed steel rebars currently dominate the market due to their superior strength and bonding properties compared to mild steel. However, the market is also witnessing increasing adoption of higher-strength steel grades to optimize structural design and reduce material usage, representing a key trend. While fluctuating raw material prices and potential regulatory changes related to carbon emissions present some restraints, the overall outlook for the steel rebar market remains positive, fueled by sustained investment in infrastructure and robust global construction activity. The key players in the steel rebars market, including ArcelorMittal, Hebei Iron and Steel, Baowu Group, and others, are strategically positioning themselves to capitalize on this growth. Geographic expansion, technological advancements in steel production, and mergers and acquisitions are shaping the competitive landscape. Asia-Pacific, particularly China and India, are currently leading regional markets due to their massive infrastructure development initiatives. However, steady growth is expected across other regions like North America and Europe, driven by government spending on infrastructure renewal and private sector investment. The long-term forecast anticipates continued growth driven by sustained demand from emerging and developed economies, making steel rebars a significant player in the global construction materials sector.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Fabricated Structural Metal Bar Joists and Concrete Reinforcing Bars (WPU1074051) from Jan 1961 to Sep 2025 about cement, fabrication, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

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Steel Rebars Market Size 2025-2029

The steel rebars market size is valued to increase USD 66.1 billion, at a CAGR of 4.9% from 2024 to 2029. Demand for steel rebars due to growing construction activities will drive the steel rebars market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 53% growth during the forecast period.
By Type - Deformed segment was valued at USD 141.60 billion in 2023
By Application - Residential segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 40.42 billion
Market Future Opportunities: USD 66.10 billion
CAGR : 4.9%
APAC: Largest market in 2023

Market Summary

The market is a dynamic and continually evolving industry that plays a crucial role in the construction sector. With the surge in infrastructure development and real estate projects worldwide, the demand for steel rebars has witnessed significant growth. According to recent reports, the market share in the construction industry is estimated to reach 40% by 2025, underscoring their indispensable role in modern construction. Core technologies and applications, such as pre-stressed and post-tensioned rebars, continue to innovate, enhancing the durability and efficiency of structures.
Meanwhile, product categories like deformed and plain bars cater to various applications, from residential to commercial projects. However, the market faces challenges, including the fluctuation in prices of raw materials needed to manufacture steel rebars, such as iron ore and coal. Despite these hurdles, opportunities abound, including the increasing adoption of sustainable manufacturing processes and the expansion of the market in emerging economies.

What will be the Size of the Steel Rebars Market during the forecast period?

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How is the Steel Rebars Market Segmented and what are the key trends of market segmentation?

The steel rebars industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Deformed
  Mild


Application

  Residential
  Commercial
  Public infrastructure


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Type Insights

The deformed segment is estimated to witness significant growth during the forecast period.

Deformed steel rebars, characterized by their raised patterns, are a vital component in the construction industry due to their enhanced grip on concrete. These rebars, manufactured through cold twisting or hot rolling, are widely utilized in building projects, infrastructure development, and civil engineering, including bridges, highways, dams, and other structures requiring high strength and durability. The global construction sector's ongoing expansion, particularly in developing countries like Asia and Africa, propels the demand for new infrastructure and housing projects, significantly increasing the need for deformed steel rebars. Moreover, investments in infrastructure projects, such as transportation networks and dams, necessitate the use of high-strength and durable reinforcement materials.

The market for deformed steel rebars experiences continuous growth as a result of these factors. According to recent industry reports, the adoption of deformed steel rebars in the construction sector has risen by approximately 18%, and industry experts anticipate a further increase of around 15% in the coming years. Additionally, the market for high-strength rebar patterns, such as epoxy-coated and deformed bar patterns, is projected to expand significantly due to their superior mechanical properties, including ultimate tensile strength, shear strength, and yield strength. Rebar quality control is crucial in ensuring the durability and safety of structures.

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The Deformed segment was valued at USD 141.60 billion in 2019 and showed a gradual increase during the forecast period.

Concrete cracking analysis, rebar inspection procedures, and rebar surface treatment techniques, such as thermal spraying, are essential to maintain the structural integrity of buildings and infrastructure. Rebar fabrication methods, including welding and splicing techniques, and reinforcement detailing software, are continuously evolving to improve efficiency and accuracy. The market for structural steel connections, reinforcement steel grades, and rebar bending machines is also growing, driven by the need for stronger, more efficient construction techniques. In conclusion, the market for deformed steel rebars is a dynamic and evolving sector that play

The global deformed steel rebar market is experiencing robust growth, driven by a surge in construction activities worldwide, particularly in infrastructure and housing sectors. The market, estimated at $150 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 6% from 2025 to 2033, reaching an estimated value of approximately $250 billion by 2033. This growth is fueled by increasing urbanization, government initiatives promoting infrastructure development (roads, bridges, and buildings), and a rising demand for resilient and durable construction materials. Emerging economies in Asia-Pacific and the Middle East & Africa are key contributors to this expansion, showcasing significant infrastructural projects and housing developments. Technological advancements in steel production, leading to higher strength and improved durability of rebars, further contribute to market expansion. However, fluctuating raw material prices (iron ore and scrap steel), stringent environmental regulations impacting steel production, and economic downturns in certain regions pose challenges to the market's sustained growth. The market is segmented by type (e.g., Grade 60, Grade 75, and others) and application (infrastructure, housing, and industrial), with the infrastructure segment holding the largest market share due to large-scale projects globally. Key players in the market, including ArcelorMittal, Gerdau S.A., and Nippon Steel & Sumitomo Metal Corporation, are focusing on strategic partnerships, capacity expansions, and technological innovations to maintain their competitive edge and capitalize on the growth opportunities presented by this thriving market. Regional variations in growth rates exist, with Asia-Pacific expected to lead the market due to its rapid economic expansion and extensive construction activities.

Explore the factors influencing steel rebar prices in China, including raw material costs, government regulations, construction demand, and global market dynamics. Understand how seasonal trends, economic policies, tariffs, and currency exchange rates contribute to price fluctuations. Stay informed with real-time financial news for the latest updates on market conditions.

China Settlement Price: Shanghai Future Exchange: Steel Rebar: 2nd M data was reported at 2,992.000 RMB/Ton in Nov 2025. This records a decrease from the previous number of 3,009.000 RMB/Ton for Oct 2025. China Settlement Price: Shanghai Future Exchange: Steel Rebar: 2nd M data is updated monthly, averaging 3,789.000 RMB/Ton from Mar 2009 (Median) to Nov 2025, with 201 observations. The data reached an all-time high of 5,835.000 RMB/Ton in Sep 2021 and a record low of 1,687.000 RMB/Ton in Nov 2015. China Settlement Price: Shanghai Future Exchange: Steel Rebar: 2nd M data remains active status in CEIC and is reported by Shanghai Futures Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Shanghai Futures Exchange: Commodity Futures: Settlement Price.

Major US steelmakers hike rebar prices by $60 per ton amid market fluctuations and demand changes.

Current spot price plus 1-month and 1-year forecasts for Steel Rebar (Europe) as published on ChAI Predict.

Discover the booming global carbon steel rebars market! Our comprehensive analysis reveals a $150 billion market in 2025, projected to reach $250 billion by 2033 with a 6% CAGR. Explore key drivers, trends, restraints, and regional insights. Learn about top players like ArcelorMittal and Baowu Group.

Provide market price information on rebar for construction materials.

Discover the latest market analysis on deformed steel rebar, projecting a $115 billion market by 2033. Explore key drivers, trends, and restraints shaping this robust sector, including regional breakdowns and major players like ArcelorMittal and Tata Steel. Learn about growth opportunities in infrastructure and housing.

Current spot price plus 1-month and 1-year forecasts for Steel Rebar (SHFE) as published on ChAI Predict.

Graph and download economic data for Producer Price Index by Industry: Iron and Steel Mills: Concrete Reinforcing Bar, Carbon (DISCONTINUED) (PCU33111033111075) from Dec 2010 to Nov 2013 about cement, iron, mills, steel, PPI, industry, inflation, price index, indexes, price, and USA.

United States - Producer Price Index by Commodity: Metals and Metal Products: Fabricated Structural Metal Bar Joists and Concrete Reinforcing Bars was 311.67600 Index 1982=100 in August of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Fabricated Structural Metal Bar Joists and Concrete Reinforcing Bars reached a record high of 378.62500 in January of 2024 and a record low of 27.10000 in March of 1963. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Metals and Metal Products: Fabricated Structural Metal Bar Joists and Concrete Reinforcing Bars - last updated from the United States Federal Reserve on November of 2025.

Discover the booming global rebar market! Our comprehensive analysis reveals key trends, growth drivers, major players (ArcelorMittal, Gerdau, Nippon Steel), and regional market shares from 2019-2033. Learn about the impact of construction growth, sustainability initiatives, and economic fluctuations on rebar prices and demand.