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Table last updated: 14th November 2023. Next update: ~ 20th December 2023.
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 for commodity goods, visit U.N. trade statistics website.
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,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.
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