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.

The price of Hot-Rolled Steel Bar and Rod in July 2023 was $995 per ton (CIF, US), experiencing a 6.7% increase compared to the previous month.

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.

In the fiscal year 2022, the average market price of light steel bars in Japan was around 118.76 thousand Japanese yen per metric ton, increasing from roughly 90.83 thousand yen in the preceding fiscal year. This was the highest price during the past decade.

The price of Forged Stainless Steel Bar in June 2023 was $8,135 per ton (FOB, Germany), marking a 2.4% increase compared to the previous month.

Iron and steel scrap prices in the United States stood at around *** U.S. dollars per metric ton in 2024, down from *** dollars per ton a year earlier. This is the fourth consecutive annual decrease recorded. Steel scrap consumption The majority of domestic steel industry scrap consumption is from manufacturers of raw steel, and steel castings. These raw materials are used to produce steel products that are used for appliances, construction, machinery, and transportation, among other industry uses. Only small amounts of steel scrap were used for the production of ferroalloys, copper precipitation, and the chemical industry. Recycling scrap Recycled iron and steel scrap materials have been essential for the production of new steel and cast iron products. Vehicles are one of the largest sources of old steel scrap used for recycling and nearly 100 percent of cars are recycled for their scrap material. It is expected that the recycling rate for scrap materials from appliances and construction purposes should rise, especially as public interest for recycling grows and profitability increases.

Steel Prices: Delhi: Kalkaji Market: Mild Steel Round Bars: 10 mm Diameter data was reported at 37,000.000 INR/Metric Ton in Jun 2016. This records a decrease from the previous number of 40,000.000 INR/Metric Ton for Mar 2016. Steel Prices: Delhi: Kalkaji Market: Mild Steel Round Bars: 10 mm Diameter data is updated quarterly, averaging 43,500.000 INR/Metric Ton from Mar 2014 (Median) to Jun 2016, with 10 observations. The data reached an all-time high of 49,000.000 INR/Metric Ton in Jun 2014 and a record low of 37,000.000 INR/Metric Ton in Jun 2016. Steel Prices: Delhi: Kalkaji Market: Mild Steel Round Bars: 10 mm Diameter 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).

In January 2023, the forged stainless steel bar price amounted to $6,948 per ton (CIF, United Kingdom), reducing by -7.8% against the previous month.

Metal and Steel Price: Mumbai: Plates 10 mm data was reported at 61,870.000 INR/Metric Ton in Apr 2025. This records an increase from the previous number of 60,540.000 INR/Metric Ton for Mar 2025. Metal and Steel Price: Mumbai: Plates 10 mm data is updated monthly, averaging 44,650.000 INR/Metric Ton from Aug 2003 (Median) to Apr 2025, with 257 observations. The data reached an all-time high of 90,160.000 INR/Metric Ton in Apr 2022 and a record low of 23,100.000 INR/Metric Ton in Oct 2003. Metal and Steel Price: Mumbai: Plates 10 mm data remains active status in CEIC and is reported by Joint Plant Committee. The data is categorized under India Premium Database’s Metal and Steel Sector – Table IN.WAC006: Metal and Steel Retail Prices: Mumbai: Monthly. [COVID-19-IMPACT]

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.

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 May 2025 about steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

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.

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 700 U.S. dollars per short ton at the start of 2018 in January.

Learn about the various factors that influence the price of iron steel per ton and how global events like the COVID-19 pandemic can impact steel prices.

Explore the dynamic factors influencing steel prices per ton, including market demand, geopolitical stability, production costs, and regional developments. Understand how these elements impact global pricing trends and the importance of staying informed in a fluctuating market.

The price of Hot-Rolled Steel Bar and Rod reached $1,051 per ton (FOB, Italy) in April 2023, showing a month-on-month increase of 8.9%.

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

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.

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.