Steel medium price December 2025 and outlook (see chart below)
- North America:US$1.02/KG, 2% up
- Europe:US$0.98/KG, 2.1% up
- Africa:US$0.6/KG, 1.7% up
- Northeast Asia:US$0.45/KG, 2.3% up
- Southeast Asia:US$0.62/KG, unchanged
- South America:US$0.8/KG, 2.6% up
- India:US$0.67/KG, 1.5% up
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Medium steel price index
This post is a summary of the Medium Steel price developments. The price developments of Medium Steel are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Medium Steel price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.
The outlook for Medium Steel prices, on the second tab, is generated from different inputs including:
- Very recent price developments of immediate cost drivers of Medium Steel prices
- Recent price developments of underlying feedstocks which drive the price of Medium Steel
- Market futures for both cost drives and feedstocks of Medium Steel prices
- Adjustment of current supply/demand imbalances in the Medium Steel market
- Longer term trends in likely demand conditions
Further information on the Mild steel plate price index
According to https://oec.world/ :
Iron and steel are the world’s 10th most traded product.
In 2020, the top exporters of Iron and steel were China ($33.8B), Japan ($23.4B), Germany ($22B), South Korea ($20.4B), and Russia ($16.2B).
In 2020, the top importers of Iron and steel were China ($34.4B), Germany ($20.5B), United States ($18.7B), Italy ($14.2B), and Turkey ($14B).