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Semi-Finished Steel Prices | Global Billet & Slab Data

Billet & Slab Price Archive

Important Notice:

This steel price data page will no longer be updated after October 2025. Historical data will remain available for reference. For current steel market intelligence, please visit CRU, MEPS International or SteelOrbis.

Semi-Finished Steel Prices (US$/t)
MonthBilletSlab
Sep 2025457479
Aug 2025461484
Jul 2025447499
Jun 2025464503
May 2025482519
Apr 2025487520
Mar 2025492509
Feb 2025486528
Jan 2025495553
Dec 2024478532
Nov 2024473537
Oct 2024472538
Sep 2024501563
Aug 2024514570
Jul 2024509610
Jun 2024544585
May 2024531618
Apr 2024562615
Mar 2024533599
Feb 2024547563
Jan 2024530519
Dec 2023502515
Nov 2023508543
Oct 2023516551
Show earlier months, 2008–2023
Semi-Finished Steel Prices, 2008–2023 (US$/t)
MonthBilletSlab
Sep 2023513529
Aug 2023433478
Jul 2023581600
Jun 2023567686
May 2023570680
Apr 2023587647
Mar 2023557593
Feb 2023550568
Jan 2023537576
Dec 2022540573
Nov 2022549570
Oct 2022539546
Sep 2022563630
Aug 2022652686
Jul 2022651827
Jun 2022680879
May 2022689770
Apr 2022702741
Mar 2022647646
Feb 2022627670
Jan 2022697683
Dec 2021645731
Nov 2021664780
Oct 2021659795
Sep 2021638848
Aug 2021648855
Jul 2021619780
Jun 2021622756
May 2021579698
Apr 2021557614
Mar 2021530612
Feb 2021497534
Jan 2021453458
Dec 2020420445
Nov 2020414443
Oct 2020447393
Sep 2020390388
Aug 2020370377
Jul 2020365359
Jun 2020363348
May 2020356368
Apr 2020375404
Mar 2020389429
Feb 2020405404
Jan 2020393395
Dec 2019381384
Nov 2019390402
Oct 2019398417
Sep 2019419448
Aug 2019425451
Jul 2019431469
Jun 2019402483
May 2019448482
Apr 2019456472
Mar 2019438462
Feb 2019448447
Jan 2019456457
Dec 2018477480
Nov 2018487494
Oct 2018498546
Sep 2018512540
Aug 2018494526
Jul 2018507545
Jun 2018497556
May 2018515535
Apr 2018508533
Mar 2018493501
Feb 2018488495
Jan 2018469479
Dec 2017465485
Nov 2017479470
Oct 2017470452
Sep 2017448422
Aug 2017417428
Jul 2017413412
Jun 2017409432
May 2017399429
Apr 2017405431
Mar 2017387425
Feb 2017386407
Jan 2017385379
Dec 2016343346
Nov 2016328335
Oct 2016317335
Sep 2016326347
Aug 2016333361
Jul 2016329348
Jun 2016349329
May 2016332294
Apr 2016274255
Mar 2016261247
Feb 2016273248
Jan 2016287254
Dec 2015284260
Nov 2015293276
Oct 2015319289
Sep 2015326309
Aug 2015346314
Jul 2015371332
Jun 2015373335
May 2015369347
Apr 2015387358
Mar 2015390377
Feb 2015410406
Jan 2015424432
Dec 2014442466
Nov 2014477488
Oct 2014502488
Sep 2014510499
Aug 2014488498
Jul 2014511516
Jun 2014520515
May 2014517518
Apr 2014519525
Mar 2014530518
Feb 2014531512
Jan 2014527499
Dec 2013517492
Nov 2013517486
Oct 2013518472
Sep 2013528480
Aug 2013521475
Jul 2013513469
Jun 2013530503
May 2013541515
Apr 2013546516
Mar 2013548507
Feb 2013542495
Jan 2013534481
Dec 2012528481
Nov 2012542481
Oct 2012563509
Sep 2012570523
Aug 2012567543
Jul 2012584554
Jun 2012597563
May 2012600576
Apr 2012618564
Mar 2012615563
Feb 2012606574
Jan 2012608559
Dec 2011609589
Nov 2011652615
Oct 2011676618
Sep 2011661629
Aug 2011670653
Jul 2011666659
Jun 2011655672
May 2011644668
Apr 2011656643
Mar 2011637650
Feb 2011611545
Jan 2011579554
Dec 2010540533
Nov 2010547530
Oct 2010558540
Sep 2010521537
Aug 2010492552
Jul 2010510542
Jun 2010534540
May 2010527525
Apr 2010483473
Mar 2010432427
Feb 2010421410
Jan 2010407422
Dec 2009408415
Nov 2009425430
Oct 2009421414
Sep 2009410372
Aug 2009377353
Jul 2009368323
Jun 2009357332
May 2009340338
Apr 2009369367
Mar 2009379410
Feb 2009372464
Jan 2009376539
Dec 2008388629
Nov 2008546633
Oct 2008684755
Sep 2008882844
Aug 20081,005854
Jul 2008979803
Jun 2008856763
May 2008763697
Apr 2008693599
Mar 2008586560
Feb 2008572538
Jan 2008532503

Source: ISSB. Data as of October 2025 (final update).


WARNING: World slab prices in H2 2024 and Q1 2025 show anomalies when compared to HRC prices. Please interpret this data with caution.


Notes and definitions

1) Steel prices are in US$/t. They describe average monthly world export fob prices.

2) Product definitions are as follows (for further detail, see harmonised system 6-digit codes listed below):

  • Billet is continuously cast, 120 × 120 mm to 150 × 150 mm square [H.S. code 720711]
  • Slab is conventional continuous cast slab ~150 mm up to ~400 mm thick [H.S. code 720712].

3) Both billet and slab are made from commodity carbon steel rather than from alloy or other specialty steel.

4) All prices are monthly world average f.o.b. export prices. Please note that latest monthly prices are often subject to change, as additional customs data is collected.



Steel Pricing – Finished Products