Steel Price Trends Analysis in North America: Q2 2025 Overview

Steel Prices in the United States:

Product

Category

Price

Steel

Chemical & Materials

US$885/MT

In the USA, steel prices reached US$885/MT in Q2 2025, driven by stable construction activity and strong automotive demand. Reviewing the Steel Price History, the U.S. market often experiences seasonal volatility linked to raw materials and energy inputs. The Steel Price Chart 2025 shows a steady upward trend, supported by healthy domestic consumption and limited fluctuations in production rates.

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Steel Price Trends Analysis in Europe: Q2 2025 Overview

Steel Prices in Germany:

Product

Category

Price

Steel

Chemical & Materials

US$806/MT

Germany recorded US$806/MT for steel in Q2 2025, with prices shaped by rising energy expenses and persistent supply constraints across Europe. According to the Steel Price History, the German market routinely faces upward pressure during periods of high industrial activity. The Steel Price Chart 2025 highlights gradual price increases as construction, machinery, and automotive manufacturers maintained consistent procurement levels throughout the quarter.

Regional Analysis: The price analysis can be extended to provide detailed Steel price information for the following list of European countries.

Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries.

Steel Price Trends Analysis in APAC: Q2 2025 Overview

Steel Prices in Malaysia:

Product

Category

Price

Anhydrous Ammonia

Chemical & Materials

US$ 558/MT

Malaysia posted steel prices at US$ 558/MT in Q2 2025, supported by growing infrastructure projects and improved production efficiency. The Steel Price History indicates Malaysia’s pricing remains competitive due to strong domestic capacity and favorable import conditions. As seen in the Steel Price Chart 2025, the overall trend stayed stable with slight upward movement, reflecting balanced demand from construction and manufacturing sectors.

Regional Analysis: The price analysis can be extended to provide detailed Anhydrous Ammonia price information for the following list of countries.

China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.

Steel Price Trends Analysis in North America: Q2 2025 Overview

Steel Prices in Canada:

Product

Category

Price

Steel

Chemical & Materials

US$ 883/MT

Canada reported US$ 883/MT for steel in Q2 2025, driven by robust demand from construction, energy, and industrial equipment sectors. Reviewing the Steel Price History, Canadian prices often track closely with U.S. trends due to integrated supply chains. The Steel Price Chart 2025 shows moderate price strengthening, supported by increased project activity and relatively stable raw material availability throughout the quarter.


Steel Price Trends Analysis in Latin America: Q2 2025 Overview

Steel Prices in Brazil:

Product

Category

Price

Anhydrous Ammonia

Chemical & Materials

US$ 770/MT

Brazil’s steel prices settled at US$ 770/MT in Q2 2025, reflecting rising industrial demand and higher production costs. The Steel Price History shows that Brazilian steel often faces fluctuations influenced by currency movements and raw material supply. The Steel Price Chart 2025 displays a mild upward trend, supported by expanding construction activity and steady purchasing from South America’s manufacturing sector.

Regional Analysis: The price analysis can be extended to provide detailed Anhydrous Ammonia price information for the following list of countries.

Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries.

Factors Affecting Steel Price Trend, Index & Forecast (2025–2026)

  • Raw Material & Energy Costs: Steel prices depend largely on iron ore, coking coal, and energy. Rising global costs increase steel production expenses and influence market trends.
  • Supply-Demand Balance: Oversupply from new capacity, especially in Asia, and weak demand from construction and automotive sectors (particularly in Europe and China) have led to downward price pressure through 2025.
  • Trade Policies & Tariffs: New tariffs and shifting trade regulations create market uncertainty, impact global supply chains, and contribute to regional price differences.
  • Geopolitical Factors: Conflicts, sanctions, and regional instability can disrupt raw material supply and trade routes, adding volatility.
  • Logistics & Supply Chain: Shipping delays, higher freight rates, and port congestion contribute to local price disparities, especially in import-reliant areas.
  • Currency & Inflation: Exchange rate fluctuations and inflation impact the global competitiveness of steel exports and imports.
  • Sustainability Regulations: Strict environmental rules and green steel initiatives raise compliance costs, supporting higher price floors in regulated regions.

Steel Pricing Forecast 2025:

Steel prices are expected to remain soft through the end of 2025 due to continued oversupply and tepid demand, with a gradual recovery and moderate gains possible in 2026 as global demand improves and market imbalances ease. Regional price differences will persist, with higher prices likely in regions with stricter regulations or higher energy costs.

Key Coverage:

  • Market Analysis
  • Market Breakup by Region
  • Demand Supply Analysis by Type
  • Demand Supply Analysis by Application
  • Demand Supply Analysis of Raw Materials
  • Price Analysis
    • Spot Prices by Major Ports
    • Price Breakup
    • Price Trends by Region
    • Factors influencing the Price Trends
  • Market Drivers, Restraints, and Opportunities
  • Competitive Landscape
  • Recent Developments
  • Global Event Analysis

FAQs Based on Steel Price Trend, Index, and Forecast:

What are the current steel prices across major global regions in Q2 2025?

Steel prices vary by region, with the U.S. at US$ 885/MT, Germany at US$ 806/MT, and Malaysia at US$ 558/MT. Learn how global trends shape regional pricing.

How does Steel Historical Price Data help in procurement and forecasting?

Steel Historical Price Data provides market insights, helping buyers forecast future costs, plan budgets, and manage risk based on past and seasonal trends.

What factors are influencing global steel prices in 2025?

Key drivers include raw material costs, supply-demand imbalances, trade tariffs, green regulations, logistics issues, and regional economic conditions.

Why do steel prices differ between North America, Europe, and Asia?

Regional variations stem from energy costs, regulatory burdens, supply chains, and demand levels. North America shows higher prices due to production costs and demand strength.

What is the steel price outlook for late 2025 and 2026?

Steel prices are expected to remain soft through 2025 due to oversupply but may rise gradually in 2026 as global demand recovers and market balance improves.


How IMARC Pricing Database Can Help

The latest IMARC Group study, Steel Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2025 Edition, presents a detailed analysis of Steel price trend, offering key insights into global Steel market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Steel demand, illustrating how consumer behaviour and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.


About Us:

IMARC Group is a global management consulting firm that provides a comprehensive suite of services to support market entry and expansion efforts. The company offers detailed market assessments, feasibility studies, regulatory approvals and licensing support, and pricing analysis, including spot pricing and regional price trends. Its expertise spans demand-supply analysis alongside regional insights covering Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa. IMARC also specializes in competitive landscape evaluations, profiling key market players, and conducting research into market drivers, restraints, and opportunities. IMARC’s data-driven approach helps businesses navigate complex markets with precision and confidence.


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