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.

Get the latest insights on price movement and trends analysis of Steel Rebar in different regions across the world (Asia, Europe, North America, Latin America, and th e Middle East Africa).

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 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.

Why did the Steel Rebar Price Change in May 2025? The Steel Rebar Price Index in North American market settled at the end of Q1 2025 at USD 929/MT Ex Illinois, showing a 5% increase in comparison to Q4 2024, indicating a bullish pricing environment.

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.

Get the latest insights on price movement and trend analysis of Rebar in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

China Settlement Price: Shanghai Future Exchange: Steel Rebar: 2nd M data was reported at 3,044.000 RMB/Ton in Apr 2025. This records a decrease from the previous number of 3,112.000 RMB/Ton for Mar 2025. China Settlement Price: Shanghai Future Exchange: Steel Rebar: 2nd M data is updated monthly, averaging 3,760.000 RMB/Ton from Mar 2009 (Median) to Apr 2025, with 194 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.

Provide market price information on rebar for construction materials.

Hong Kong SAR (China) Wholesale Price: High Tensile Steel Bars: 10 mm to 40 mm data was reported at 5,144.000 HKD/Ton in Jan 2025. This records an increase from the previous number of 5,135.000 HKD/Ton for Dec 2024. Hong Kong SAR (China) Wholesale Price: High Tensile Steel Bars: 10 mm to 40 mm data is updated monthly, averaging 6,411.000 HKD/Ton from May 2021 (Median) to Jan 2025, with 45 observations. The data reached an all-time high of 8,012.000 HKD/Ton in Mar 2022 and a record low of 5,135.000 HKD/Ton in Dec 2024. Hong Kong SAR (China) Wholesale Price: High Tensile Steel Bars: 10 mm to 40 mm data remains active status in CEIC and is reported by Census and Statistics Department. The data is categorized under Global Database’s Hong Kong SAR (China) – Table HK.EA007: Wholesale Price: Construction Materials.

Mild Steel Rebar Market Outlook

The global mild steel rebar market size is projected to grow from USD 150 billion in 2023 to USD 210 billion by 2032, reflecting a compound annual growth rate (CAGR) of 4.8%. This growth is driven by increasing investments in infrastructure development and the booming construction industry worldwide. As urbanization and industrialization continue to accelerate, especially in emerging economies, the demand for robust and cost-effective construction materials like mild steel rebar is set to rise significantly. Additionally, the growing focus on sustainable construction practices and the adoption of high-strength, long-lasting materials further bolster the market outlook.

One of the primary growth factors for the mild steel rebar market is the expanding construction sector, particularly in developing countries. Rapid urbanization has led to increased residential and commercial construction activities, requiring substantial quantities of rebar for reinforcement. Governments across the globe are also investing heavily in infrastructure projects such as bridges, highways, and public buildings, which in turn generates a heightened demand for durable construction materials. This surge in construction activities directly correlates with the rising need for mild steel rebar, which is essential for enhancing the structural integrity of concrete buildings and infrastructure.

The industrial sector's growth is another significant driver for the mild steel rebar market. As industries expand and new manufacturing plants are established, the requirement for robust construction materials increases. Industrial facilities often require heavy-duty reinforcement to support large-scale operations and machinery, making mild steel rebar a crucial component. Additionally, the shift towards modernization of existing industrial facilities to boost production efficiency and safety further propels the demand for high-quality rebar, contributing to market growth.

Technological advancements in manufacturing processes have also positively impacted the mild steel rebar market. Innovations such as thermomechanical treatment (TMT) and micro-alloying have led to the production of rebar with enhanced strength, ductility, and corrosion resistance. These advancements not only improve the performance of rebar in various applications but also make them more cost-effective in the long run. Furthermore, the integration of digital technologies and automation in production processes has increased manufacturing efficiency, resulting in higher output and better product quality, thereby fueling market expansion.

Steel Reinforced Bars play a pivotal role in modern construction, offering enhanced strength and durability to concrete structures. These bars are integral to ensuring the structural integrity of buildings, bridges, and other infrastructure projects. With the increasing demand for high-performance construction materials, steel reinforced bars have become a staple in the industry. Their ability to withstand significant stress and environmental conditions makes them ideal for use in both residential and commercial projects. Moreover, advancements in manufacturing processes have improved the quality and performance of these bars, making them more cost-effective and reliable. As construction standards continue to evolve, the adoption of steel reinforced bars is expected to rise, further driving market growth.

Regionally, the Asia Pacific region dominates the mild steel rebar market, driven by substantial construction and infrastructure development activities in countries like China, India, and Southeast Asian nations. The region's rapid urbanization, population growth, and government-led infrastructure initiatives create a robust demand for construction materials. North America and Europe also present significant market opportunities due to ongoing renovation and modernization projects, though their growth rates might be slower compared to Asia Pacific. The Middle East & Africa region is also expected to witness considerable growth due to large-scale infrastructure projects and the rising need for residential buildings.

Type Analysis

The mild steel rebar market can be segmented by type into deformed and plain rebar. Deformed rebar, which features surface deformations to improve bonding with concrete, is the most commonly used type in modern construction. Its popularity stems from its superior tensile strength and enhanced bonding capabilities,

Get the latest insights on price movement and trend analysis of Steel Reinforcing Bar (Rebar) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

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.

The highest price for one metric ton of reinforcing steel in Russia was observed in the Far Eastern federal district in the first quarter of 2021 at ****** Russian rubles. Reinforcing steel price was more than ************* Russian rubles lower in the Volga federal district.

From May to August 2018, rebar products cost 710 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.

United States - Producer Price Index by Commodity: Metals and Metal Products: Fabricated Structural Metal Bar Joists and Concrete Reinforcing Bars was 306.48800 Index 1982=100 in April 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 May of 2025.

The average monthly price for all diameters of rebar (reinforcing bar) iron in Egypt amounted to 10.05 thousand Egyptian pounds per metric ton (which is comparable to 638.66 U.S. dollars per metric ton) in August 2020, which illustrated a drop by roughly 3.5 percent. Between January 2019 and August 2020, the mean price fluctuated between 10.05 thousand Egyptian pounds per metric ton in August 2020, and 12.35 thousand Egyptian pounds per metric ton (784.63 U.S. dollars per ton) from July to September 2019. Within the period under investigation, an overall negative trend can be recognized in the data.

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.

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.