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.

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.

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.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Iron and Steel (WPU101) from Jan 1926 to Sep 2025 about iron, steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

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.

View monthly updates and historical trends for US Producer Price Index: Iron and Steel Mills. from United States. Source: Bureau of Labor Statistics. Trac…

United States - Producer Price Index by Commodity: Metals and Metal Products: Iron and Steel was 323.82500 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: Iron and Steel reached a record high of 443.73100 in November of 2021 and a record low of 29.30000 in February of 1967. 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: Iron and Steel - last updated from the United States Federal Reserve on November of 2025.

Price-To-Tangible-Book-Ratio Time Series for United States Steel Corporation. United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe. The company operates through North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular) segments. The Flat-Rolled segment offers slabs, strip mill plates, sheets, and tin mill products, as well as iron ore, pellets, pig iron, and coke. This segment serves customers in the automotive, appliance, construction, container, pipe and tube, sheet converter, solar, industrial equipment and service center markets. The Mini Mill segment provides hot-rolled, cold-rolled, and coated sheets and electrical steel products. This segment serves customers in the automotive, construction, pipe and tube, sheet converter, electrical, solar industrial equipment, and service center markets. The USSE segment provides slabs, hot-rolled, cold-rolled, hot-dip galvanized, and color-coated coils, electrical steel, strip mill plate, sheet, tin mill products, and spiral welded pipes. This segment serves customers in the automotive, construction, container, appliance and electrical, service center, conversion, oil, gas, and petrochemical markets. The Tubular segment offers rounds, seamless, and electric resistance welded steel casing and tubing products, as well as standard and line pipe and mechanical tubing products to oil, gas, and petrochemical sectors. It also engages in the real estate business. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.

United States - Producer Price Index by Commodity: Metals and Metal Products: Cold Rolled Steel Sheet and Strip was 372.19600 Index Jun 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: Cold Rolled Steel Sheet and Strip reached a record high of 711.61100 in November of 2021 and a record low of 99.40000 in January of 1983. 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: Cold Rolled Steel Sheet and Strip - last updated from the United States Federal Reserve on December of 2025.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Steel Pipe and Tube, Alloy (WPU10170673) from Dec 2010 to Mar 2021 about steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

Graph and download economic data for Producer Price Index by Industry: Iron and Steel Mills and Ferroalloy Manufacturing: Cold Rolled Steel Sheet and Strip (PCU331110331110D) from Jan 1965 to Feb 2021 about iron, mills, steel, PPI, industry, inflation, price index, indexes, price, and USA.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Steel Wire, Alloy (WPU10170503) from Dec 2010 to Dec 2021 about wired, steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

In 2024, iron ore was worth an average of approximately *** U.S. dollars per dry metric ton unit (dmtu), compared to only ** U.S. dollars per dmtu in 2000. The month with the highest average iron ore price in 2021 was June, at over *** U.S. dollars per dmtu. Iron ore: market context and price fluctuation Iron ore is composed of minerals and rocks from which metallic iron can be extracted. Iron ore is an important part of the world economy, as a large proportion of iron ore is used to make steel, which is a widely used material globally. In a given year, the monthly price of iron ore varies noticeably, ranging for example from a high of ****** U.S. dollars per dmtu in June 2021 down to a low of ***** U.S. dollars per dmtu in November 2021. Major iron ore producing nations Australia has the world's largest iron ore reserves, at ** billion metric tons of crude iron ore and is also the world's largest producer of iron ore. Not surprisingly, China, the world's leading steel manufacturer, is also the world's leading importer of iron. In recent years, China's iron imports have increased significantly, from ****** million metric tons in 2004, to over *** billion metric tons in 2018.

United States - Producer Price Index by Commodity: Metals and Metal Products: Steel Mill Products was 311.33300 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: Steel Mill Products reached a record high of 449.71100 in December of 2021 and a record low of 9.80000 in July of 1939. 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: Steel Mill Products - last updated from the United States Federal Reserve on October of 2025.

United States PPI: Mfg: PM: IM: PP: Cold Rolled Steel Sheet & Strip data was reported at 276.900 Jun1982=100 in Feb 2021. This records an increase from the previous number of 254.100 Jun1982=100 for Jan 2021. United States PPI: Mfg: PM: IM: PP: Cold Rolled Steel Sheet & Strip data is updated monthly, averaging 112.800 Jun1982=100 from Jan 1965 (Median) to Feb 2021, with 626 observations. The data reached an all-time high of 276.900 Jun1982=100 in Feb 2021 and a record low of 29.700 Jun1982=100 in Jul 1966. United States PPI: Mfg: PM: IM: PP: Cold Rolled Steel Sheet & Strip data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.I: Producer Price Index: by Industry: Manufacturing: Primary and Fabricated Metal Products.

United States - Producer Price Index by Commodity: Metals and Metal Products: Steel Wire, Alloy was 109.18300 Index Dec 2010=100 in December of 2021, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Steel Wire, Alloy reached a record high of 112.50000 in January of 2019 and a record low of 90.20000 in January of 2016. 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: Steel Wire, Alloy - last updated from the United States Federal Reserve on November of 2025.

Graph and download economic data for Producer Price Index by Industry: Steel Wire Drawing: Alloy Steel Wire (PCU3312223312225D) from Dec 2010 to Dec 2021 about wired, steel, PPI, industry, price index, indexes, price, and USA.

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Stainless Steel Market Size 2023-2027

The stainless steel market size is forecasted to increase by 10,299.64 thousand tons at a CAGR of 3.38% between 2022 and 2027. Market growth relies on various factors, notably the increased consumption of high-strength stainless steel, propelled by its corrosion resistance and excellent mechanical properties. Additionally, economic expansion in China and India contributes significantly to market growth. As these nations continue to develop industrially and infrastructurally, the demand for stainless steel, particularly for construction and manufacturing applications, is expected to rise. This confluence of factors positions the market for substantial growth in the foreseeable future. Furthermore, the stainless steel market analysis report includes historic market data from 2017 to 2021. The stainless steel market forecast indicates robust expansion, driven by increasing demand for steel across various industries. The stainless steel market size growth is propelled by advancements in production technologies and the rise of sustainable manufacturing practices. Current stainless steel market trends show a surge in applications, particularly in construction and automotive sectors, underscoring its vital role in modern infrastructure.

What will be the Size of the Stainless Steel Market During the Forecast Period?

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Stainless Steel Market Segmentation

The stainless steel market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in 'USD Million' for the period 2023 to 2027, as well as historical data from 2017 to 2021 for the following segments

End-user Outlook 

  Metal products
  Mechanical engineering
  Automobile and transportation
  Infrastructure and construction
  Electrical engineering





Product Outlook

  Flat
  Long





Region Outlook

  North America

    The US
    Canada


  Europe

    The UK
    Germany
    France
    Rest of Europe


  APAC

    China
    India


  Middle East and Africa

    Saudi Arabia
    South Africa
    Rest of the Middle East and Africa


  South America

    Argentina
    Brazil
    Chile

By End-user

The market share growth by the metal products segment will be significant during the forecast period. The use of stainless steel in metal products provides an aesthetic appeal, extensive textures, strength, functionality, corrosion resistance properties, and ease of cleaning properties such products, driving the growth of steel manufacturing. The demand for stainless steel for manufacturing metal products is high due to its ease of fabrication and mechanical properties.

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The metal products segment showed a gradual increase in the market share of 20,426.71 thousand t in 2017. Stainless steel is used in jewelry, belt buckles, clips, casings, watch straps and backs, cooker hoods, outdoor kitchen cabinets, worktops, drainers, sinks, and others. It is also used in kitchen vessels due to its hygiene properties, durability, and resilience to food discoloration and spoilage. The shift in consumer preference toward hygienic and easy-to-clean products is likely to increase the demand for stainless steel in metal products during the forecast period.

By Region

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APAC is estimated to account for 76% of the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. APAC has some of the largest stainless steel-producing countries in the world, such as China, Japan, South Korea, and India. China was the largest producer and consumer of stainless steel in 2020. Manufacturers are shifting to the consumption of scrap steel and stainless steel as raw materials to reduce pollution as well as manufacturing costs. These factors will drive the growth of the market in APAC during the forecast period.

Stainless Steel Market Dynamics

The market plays a vital role across various sectors, including residential housing, building & construction, railways, and automotive & transportation. Its resistance to corrosion surpasses that of carbon steel, making it a preferred choice. Renowned companies like Jindal Steel and Daido Steel contribute to its production capacities. Stainless steel finds applications in diverse architectural elements such as railings, roofing, and staircases, offering both pliability and appealing aesthetic properties. Moreover, it serves industrial needs like heat exchangers and tubulars, alongside providing swimming pool shades, canopies, and atriums with durability and low maintenance cost during repair and renovation. The stainless ste

United States PPI: Weights: MM: Iron & Steel (IS) data was reported at 2.693 % in 2024. This records a decrease from the previous number of 3.047 % for 2023. United States PPI: Weights: MM: Iron & Steel (IS) data is updated yearly, averaging 2.868 % from Dec 2007 (Median) to 2024, with 18 observations. The data reached an all-time high of 4.776 % in 2021 and a record low of 2.175 % in 2007. United States PPI: Weights: MM: Iron & Steel (IS) data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.I068: Producer Price Index: by Commodities: Weights.

United States PPI: Weights: MM: IS: Steel Mill Products (SM) data was reported at 1.745 % in 2024. This records a decrease from the previous number of 1.995 % for 2023. United States PPI: Weights: MM: IS: Steel Mill Products (SM) data is updated yearly, averaging 1.746 % from Dec 2007 (Median) to 2024, with 18 observations. The data reached an all-time high of 3.468 % in 2021 and a record low of 1.380 % in 2007. United States PPI: Weights: MM: IS: Steel Mill Products (SM) data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.I068: Producer Price Index: by Commodities: Weights.