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.

Graph and download economic data for Wholesale Price Steel Sheets for Pittsburgh, PA (M0454AUS38300M267NNBR) from Jul 1894 to Apr 1947 about Pittsburgh, wholesale, steel, PA, price, and USA.

Graph and download economic data for Wholesale Prices of Metal and Metal Products for United States (M0466AUSM336NNBR) from Jan 1890 to Dec 1951 about wholesale, metals, price index, indexes, price, and USA.

At the end of fiscal year 2024, the Wholesale Price Index of metal products across India was around 139. This meant an increase in the WPI of more than 39 percent from the base year of 2012. An overall increase in the price index value was noted over the years from financial year 2013 in the country.

The Wholesale Price Index of semi finished stainless steel across India during financial year 2024 was around 136. The price index of stainless steel increased by about 36 percent from the base financial year of 2012. A huge increase in the index value of the stainless steel was seen in 2022.

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Graph and download economic data for Wholesale Price of Structural Steel for Pittsburgh, PA (M04134US38300M287NNBR) from Jan 1913 to Feb 1958 about Pittsburgh, wholesale, steel, PA, price, and USA.

Graph and download economic data for Wholesale Price of Steel Scrap, Heavy Melting for Chicago, IL (M0442DUS16980M288NNBR) from Sep 1894 to Apr 1958 about heavy weight, Chicago, wholesale, steel, IL, price, and USA.

Indonesia Wholesale Price Index: Manufacturing: Metal Iron & Steel: Sheet Iron data was reported at 129.350 2010=100 in Dec 2018. This records an increase from the previous number of 129.130 2010=100 for Nov 2018. Indonesia Wholesale Price Index: Manufacturing: Metal Iron & Steel: Sheet Iron data is updated monthly, averaging 109.150 2010=100 from Jan 2013 (Median) to Dec 2018, with 72 observations. The data reached an all-time high of 129.350 2010=100 in Dec 2018 and a record low of 101.270 2010=100 in Jan 2013. Indonesia Wholesale Price Index: Manufacturing: Metal Iron & Steel: Sheet Iron data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Indonesia Premium Database’s Inflation – Table ID.IB004: Wholesale Price Index: by Sector: Manufacturing.

Hong Kong Wholesale Price: Glavanised Mild Steel: Steel Flats data was reported at 12,302.000 HKD/Ton in Aug 2018. This stayed constant from the previous number of 12,302.000 HKD/Ton for Jul 2018. Hong Kong Wholesale Price: Glavanised Mild Steel: Steel Flats data is updated monthly, averaging 9,991.500 HKD/Ton from May 2003 (Median) to Aug 2018, with 184 observations. The data reached an all-time high of 12,347.000 HKD/Ton in Jun 2018 and a record low of 2,983.000 HKD/Ton in May 2003. Hong Kong Wholesale Price: Glavanised Mild Steel: Steel Flats 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 – Table HK.P004: Wholesale Price: Construction Materials.

Austria Wholesale Price Index: NW: Iron and Steel data was reported at 113.100 2005=100 in Dec 2010. This records an increase from the previous number of 108.900 2005=100 for Nov 2010. Austria Wholesale Price Index: NW: Iron and Steel data is updated monthly, averaging 116.350 2005=100 from Jan 2006 (Median) to Dec 2010, with 60 observations. The data reached an all-time high of 178.600 2005=100 in Aug 2008 and a record low of 86.800 2005=100 in Dec 2009. Austria Wholesale Price Index: NW: Iron and Steel data remains active status in CEIC and is reported by Statistics Austria. The data is categorized under Global Database’s Austria – Table AT.I023: Wholesale Price Index: 2005=100.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Iron and Steel (WPU101) from Jan 1926 to May 2025 about iron, 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: 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.

Indonesia Wholesale Price Index: Manufacturing: Metal Iron & Steel: Rectangular Shaped Steel (Slab Steel) data was reported at 134.780 2010=100 in Dec 2018. This records an increase from the previous number of 134.400 2010=100 for Nov 2018. Indonesia Wholesale Price Index: Manufacturing: Metal Iron & Steel: Rectangular Shaped Steel (Slab Steel) data is updated monthly, averaging 110.425 2010=100 from Jan 2013 (Median) to Dec 2018, with 72 observations. The data reached an all-time high of 134.780 2010=100 in Dec 2018 and a record low of 104.040 2010=100 in Jun 2013. Indonesia Wholesale Price Index: Manufacturing: Metal Iron & Steel: Rectangular Shaped Steel (Slab Steel) data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Indonesia Premium Database’s Inflation – Table ID.IB004: Wholesale Price Index: by Sector: Manufacturing.

Graph and download economic data for Wholesale Price of Hot-Rolled Sheets, #10 Gage for Pittsburgh, PA (M04156US38300M267NNBR) from Jan 1920 to Jul 1940 about Pittsburgh, wholesale, steel, PA, price, and USA.

Graph and download economic data for Producer Price Index by Industry: Metal and Mineral (Except Petroleum) Merchant Wholesalers: Primary Services (PCU423500423500P) from Feb 2009 to May 2025 about merchant, petroleum, minerals, wholesale, primary, metals, services, PPI, industry, price index, indexes, price, and USA.

Hong Kong Wholesale Price: Metal Formwork: Steel Plate: 4 mm thick data was reported at 5,801.000 HKD/Ton in Apr 2018. This records an increase from the previous number of 5,779.000 HKD/Ton for Mar 2018. Hong Kong Wholesale Price: Metal Formwork: Steel Plate: 4 mm thick data is updated monthly, averaging 5,297.000 HKD/Ton from May 2003 (Median) to Apr 2018, with 180 observations. The data reached an all-time high of 8,308.000 HKD/Ton in Jul 2008 and a record low of 2,995.000 HKD/Ton in Aug 2003. Hong Kong Wholesale Price: Metal Formwork: Steel Plate: 4 mm thick data remains active status in CEIC and is reported by Census and Statistics Department. The data is categorized under Global Database’s Hong Kong – Table HK.P001: Wholesale Price: Construction Materials.

Metal wholesalers play a crucial role in distributing ferrous, non-ferrous and precious metals to downstream manufacturing and construction customers. Wholesalers’ performance is dictated mainly by global metal prices but also by downstream markets’ activity. The volatile nature of global metals markets carries over to metal and metal ore wholesaling, with UK tariffs artificially inflating steel prices and revenue. However, competition from wholesale bypass has limited revenue growth. Revenue is expected to climb at a compound annual rate of 1.7% to £28.1 billion over the five years through 2025-26, despite a 0.4% drop in the current year. Fluctuating metal prices have created significant industry revenue volatility. Prices initially surged over the two years through 2022, due to rebounding activity and demand following COVID-19 restrictions. Higher metal prices allowed wholesalers to charge customers more, fuelling revenue and profit expansion. Prices have been falling in the years since amid wider economic uncertainty and constrained activity in manufacturing and construction markets due to severe inflationary pressures. For example, major wholesalers like ASD and Barrett Steel reported severe drops in revenue and profit in 2023. In contrast, the precious metals market has thrived, with gold reaching record highs due to geopolitical uncertainty, benefiting wholesalers in that segment. Ongoing geopolitical tensions and escalating trade war uncertainty have put further pressure on most metal prices and downstream market activity, weighing on wholesalers’ revenue and profit in 2025-26. The Metal & Metal Ore Wholesaling industry is forecast to expand at a compound annual rate of 1.5% to £30.3 billion over the five years through 2030-31. Volatile metal prices will continue to create uncertainty for future growth, potentially constraining revenue and profit. Expanding construction activity, partly thanks to strong government support for housing and infrastructure, and improving manufacturing output, mainly in transport and machinery manufacturing, will drive demand for metals like steel, copper and aluminium. UK government measures, including introducing a new steel strategy and carbon border adjustment mechanism, should support domestic sourcing and stabilise supply chains. Meanwhile, demand for critical minerals will climb, driven by the energy transition and green technologies, offering opportunities for wholesalers willing to adapt. Wholesale bypass will remain a significant source of competition for wholesalers. To remain competitive, wholesalers will need to enhance customer service, logistics and value-added offerings.

The metal wholesaling industry has enjoyed gradual revenue growth over the past five years. Increasing demand from construction and manufacturing markets has played a substantial role. Consumption of metals like steel, copper and aluminum has consistently supported the upward trend. Enhancements in supply chain optimizations, such as real-time tracking systems and automation in warehousing, improved delivery efficiency. Radio-frequency identification (RFID) technology advanced inventory management by reducing errors and improving stock accuracy. Companies achieved cost efficiencies by implementing strategic purchasing practices, such as bulk buying and just-in-time inventory. The 2018 tariffs under Section 232 imposed a 25% tariff on steel imports and a 10% tariff on aluminum imports, prompting a shift toward domestic sourcing where possible. The second Trump administration also introduced a 145% tariff on Chinese imports in 2025, affecting various metals. Fluctuating raw material prices required adaptable procurement strategies. The industry adapted to meet these changes, ensuring steady growth amid external challenges. A deeper look into the past five years reveals that effective cost management was critical for sustaining growth. Companies reduced purchase and depreciation fees through optimized asset utilization and smart procurement solutions. The 2018 and 2025 tariffs increased import costs but motivated companies to enhance sourcing strategies by focusing more on domestic suppliers. Key downstream markets, such as automotive and infrastructure, maintained stable demand and sustained revenue flow. Technological investments in logistics, like predictive analytics and optimized route planning, reduce delivery times and enhance efficiency. Compliance with environmental regulations, like the Clean Air Act, necessitated operational adjustments in waste management and emissions control. Commodity pricing strategies were adjusted to reflect real-time shifts in market conditions. Financial strategies focused on maintaining liquidity and managing debts efficiently. These actions allowed the industry to retain resilience and achieve a consistent upward trajectory. Metal Wholesaling industry revenue has been inching upward at a CAGR of 0.4% over the past five years and is expected to total $286.2 billion in 2025, when revenue will fall by an estimated 2.0%. Profit has risen because of a slight drop in purchase and depreciation fees. Over the next five years, technological innovation will significantly shape industry dynamics. Advanced inventory systems leveraging AI will boost stock forecasting accuracy, minimizing overstock and stockouts. Predictive analytics will streamline supply chain operations, enhancing response to demand fluctuations. New environmental regulations, such as stricter emissions limits under potential amendments to the Clean Air Act, could impact processing practices. Current tariffs, including the 25% on all steel and aluminum imports and 20% on Chinese imports, will continue to influence sourcing strategies and cost structures. Increased interest in electric vehicles and renewable energy will drive demand for specialty metals, offering new growth avenues. Companies will focus on maintaining cost efficiencies through energy-efficient processing technologies. Infrastructure investments by the government will continue to push for metals like steel and aluminum. Fluctuating prices for raw materials like iron ore will necessitate agile sourcing and procurement strategies. The industry will pursue sustainable practices to align with international environmental standards. Navigating these changes will be essential for maintaining a competitive edge. Metal Wholesaling industry revenue is expected to inch upward at a CAGR of 0.2% to $288.9 billion over the five years to 2030.

Metal wholesalers in Canada distribute metal products to a variety of markets that use them as inputs. Three manufacturing subsectors account for the bulk of demand for metals, including machinery, fabricated metal and transportation equipment manufacturers. Despite considerable volatility, demand from these segments is estimated to have risen since 2019. Throughout the period, industry performance has varied in response to fluctuations in the price of steel and iron. Revenue growth has also been influenced by changes in oil and natural gas prices, which impact downstream activity in manufacturing and construction markets. Changes in consumer spending during the COVID-19 pandemic also affected these key markets. Over the past five years, metal wholesaling revenue is estimated to rise at a CAGR of 4.4% to $31.4 billion in 2024, when revenue is forecast to fall by 0.9%. Variations in steel prices have influenced performance through the end of 2024. Global steel overcapacity, alongside falling demand from oil and gas markets during the pandemic, led to sharp declines in prices and volumes. The price environment began to change as the economy began to recover in 2021 when metal prices rose sharply. Cooling economic growth is expected to cause revenue to slightly decline in 2024, though average industry profit is forecast to remain relatively steady. Metal wholesaling revenue is expected to fall at a CAGR of 1.2% to $29.6 billion through the end of 2029. While manufacturing growth will be moderate, iron prices are forecast to decline from recent highs. Iron and steel demand from downstream industries is forecast to remain mixed, helping to partially offset unfavourable price changes. Forecast global economic growth is expected to encourage nonresidential construction activity and consumer spending, further moderating any drop in revenue.