World steel prices - flat & long products.

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Price of Steel

world steel prices

Recent pricing history - finished products



Price of carbon steel products in US $ / metric tonne.
YearMonthHRCCRCHDGOCSTinplateRebar
Please get a paid subscription to access earlier price points (from January 2008).
 20151504608725858954502
 20152475606714839932492
 20153440578680817912470
 20154423556668800913461
 20155405557673764919467
 20156400541663806911472
 20157386532650807901449
 20158379512638761891438
 20159378508631734885423
 201510352493616727855404
 201511324458588696823372
 201512309459578650812364
Please get a paid subscription to access more recent price info.

Table last updated: 28th April 2021. Next update: ~ 26th May 2021.


Notes and definitions

1) World steel prices are in US dollars per metric ton. They describe average monthly global export fob prices.

2) Product definitions are as follows (for further detail, see harmonised system 6-digit codes listed below). For further clarifications on HS codes, visit U.N. trade statistics website.

  • HRC, wide strip unpickled hot rolled sheet and coil <3mm gauge.
  • CRC, cold rolled sheet 0.5-1mm thick.
  • HDG, hot dip zinc galvanised coil [often also called GI, galvanised iron] width > 600mm.
  • OCS, organic coated sheet with HDG substrate [also called PPGI or pre-painted galvanised iron].
  • Tinplate, under 0.5mm gauge.
  • Rebar prices are for hot-rolled deformed reinforcing bar (excl rod).

3) Pricing data is compiled by MCI. It originates from an analysis of national customs statistics of larger exporting countries. Figures cover the following 6-digit codes within the harmonised tariff schedule: Hot rolled coil 720839, Cold rolled sheet and coil 720917, HDG or galvanised iron 721049, OCS or PPGI 721070, tinplate 721012, reinforcing bar 721420.

4) Note that the latest price points (the last two months in particular) for each product may change, as more current customs declarations become available from international markets.

5) Final data point normally shows steel prices per ton that are ~2 months old. This is because a short time delay is necessary for data collection.

6) Please contact us for costs of raw materials or for other product pricing data covering heavy plate, merchant bar, light sections, rod, drawn wire, carbon or stainless pipe and tube etc.



The metals price cycle

Global steel prices typically move through peaks and troughs, in a so-called price cycle that typically lasts several years. Across this cycle, the price of steel can easily change by +/- 30% or more. Feel free to contact us for further perspectives about pricing trends; about the next price cycle or for related projections covering metal prices or steelmaking raw material or manufacturing costs.



More metal prices - other cost and pricing resources

For other online resources see London Metal Exchange (LME) rebar cost page.

For historic graphs, see our price charts page.







latest metal prices

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