For the Quarter Ending March 2026
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Steel Rebar Prices in North America
- In the USA, the Steel Rebar Price Index rose by 6.14% quarter-over-quarter, driven by scrap shortage.
- The average price for the quarter was approximately USD 938.67/MT, reflecting balanced supply flows.
- The Spot Price strengthened as domestic mills competed for scarce scrap, supporting the Price Index.
- The Steel Rebar Production Cost Trend increased with higher scrap and energy costs, informing a cautious Steel Rebar Price Forecast.
- The Steel Rebar Demand Outlook remains supported by federal infrastructure projects, keeping the Price Index anchored.
- Elevated import arrivals and distributor inventories tempered spot interest, constraining Spot Price upside and index gains.
- Domestic mill run-rates remained steady, while maintenance windows limited upward momentum, shaping the near-term Steel Rebar Price Forecast.
- Anti-dumping rulings and Section 232 enforcement elevated landed offers, supporting the Steel Rebar Price Index.
Why did the price of Steel Rebar change in March 2026 in North America?
- Balanced imports and steady domestic demand kept March prices stable despite earlier scrap-driven upward pressure.
- Winter scrap disruptions elevated mill feedstock costs, pressuring offers even as distributors held normal inventories.
- Improved freight rates and unchanged tariff enforcement kept landed costs steady, reducing volatility in March.
Steel Rebar Prices in APAC
- In Taiwan, the Steel Rebar Price Index fell by 0.91% quarter-over-quarter, amid mild inventory overhang.
- The average price for the quarter was approximately USD 580.33/MT, reflecting a stable market.
- Participants tracked the Spot Price as weekly assessments showed stable transactional levels and flows.
- Analysts updated the Steel Rebar Price Forecast, citing upside risks from infrastructure and semiconductor construction.
- The Steel Rebar Production Cost Trend showed steady scrap and billet costs, with contained energy and freight pressures.
- The Steel Rebar Demand Outlook remains balanced, with public-works demand offsetting softer private residential procurement.
- The Steel Rebar Price Index remained range-bound as distributor inventories and export inquiries exerted opposing pressures.
- Major mills operated near normal rates; export demand and inventories supported transactional discipline, restraining aggressive selling.
Why did the price of Steel Rebar change in March 2026 in APAC?
- Balanced supply flows and steady mill operating rates maintained availability, preventing any decisive price decline or surge.
- Elevated energy and freight costs underpinned production costs, supporting domestic price floors despite weak private construction demand.
- High distributor inventories post-holiday and restrained export arbitrage limited spot buying, softening upward momentum in March.
Steel Rebar Prices in Europe
- In Germany, the Steel Rebar Price Index rose by 2.067% quarter-over-quarter, reflecting limited mill output.
- The average price for the quarter was USD 740.67/MT, supported by tight imports.
- The Spot Price remained range-bound as the Price Index showed modest gains amid balanced supply.
- The Steel Rebar Demand Outlook points to a gradual spring pickup, supporting the Price Index despite seasonal softness.
- The Steel Rebar Production Cost Trend remained elevated, with electricity and carbon charges pressuring mill margins.
- The Steel Rebar Price Forecast indicates modest spring upside as infrastructure procurement and quotas tighten supply.
- Price Index stability was aided by comfortable Ruhr inventories and muted export demand.
- Mills ran below capacity, while outages moderately affected availability and influenced the Steel Rebar Price Index.
Why did the price of Steel Rebar change in March 2026 in Europe?
- Balanced imports satisfied demand, preventing shortages and producing sideways Price Index movement with neutral spot prices.
- Stable scrap and billet costs limited pressure on mills, tempering modest momentum in the Price Index.
- Import quota tightening and geopolitical risks supported bids, while energy tariff changes eased mill burdens.
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For the Quarter Ending December 2025
North America
- In the USA, the Steel Rebar Price Index rose by 7.04% quarter-over-quarter, driven by tariff protections.
- The average price for the quarter was approximately USD 1003.67/MT per CFR Illinois data.
- The Spot Price remained range-bound in December as inventories balanced and import flows stayed constrained.
- The Steel Rebar Price Forecast suggests modest upside driven by continued public infrastructure demand and forward buying.
- The Steel Rebar Production Cost Trend showed steady scrap and low gas prices, limiting immediate cost-push pressure.
- The Steel Rebar Demand Outlook remains mixed; robust public-sector consumption contrasts with softer private commercial construction activity.
- The Steel Rebar Price Index reflected mill lists, constrained imports, and steady distributor inventory levels.
- Domestic mills held allocations with varied utilization, supporting domestic offtake and limiting export-driven price weakness.
Why did the price of Steel Rebar change in December 2025 in North America?
- Reduced imports under Section 232 and tight scrap availability constrained supply, supporting higher domestic transactions.
- Public infrastructure awards boosted offtake, offsetting private construction weakness and supporting steady domestic demand levels.
- Tariff protections and stable freight maintained landed price floors while scrap steadiness limited cost increases.
APAC
- In Taiwan, the Steel Rebar Price Index fell by 17.0% quarter-over-quarter, reflecting subdued construction demand.
- The average price for the quarter was approximately USD 585.67/MT, per market assessments.
- The Spot Price remained stable weekly, with elevated inventories limiting dealer restocking and volumes.
- The Steel Rebar Price Forecast projects a mild recovery after Lunar New Year as contractors refill stocks.
- The Steel Rebar Production Cost Trend eased slightly as imported scrap prices softened, supporting mill margins.
- The Steel Rebar Demand Outlook remains muted in the near term due to the year-end lull and public disbursement cycle.
- The Steel Rebar Price Index volatility reflected billet weakness, export competition, and elevated finished goods inventories.
- Major mills kept flat list prices, moderating market moves despite spot weakness and export headwinds.
Why did the price of Steel Rebar change in December 2025 in APAC?
- Persisting oversupply as mills operated near normal rates while inventories and scrap inflows stayed elevated.
- Year-end fiscal close and phased project activity reduced immediate procurement, depressing spot transactions and demand.
- Regional billet competition and weak export orders pressured offers, offsetting modest easing in input costs.
Europe
- In Germany, the Steel Rebar Price Index fell by 9.15% quarter-over-quarter, reflecting weak construction demand.
- The average price for the quarter was approximately USD 754.67/MT, reflecting muted domestic activity.
- The Spot Price exhibited modest week-to-week volatility while the Price Index tracked a downward trend.
- The Steel Rebar Production Cost Trend showed upward pressure from rising electricity, gas, and EU-ETS costs, narrowing mill margins.
- The Steel Rebar Demand Outlook remains weak overall, though public infrastructure projects provide some support into year-end.
- The Steel Rebar Price Forecast anticipates limited near-term gains as quota changes and end-of-year buying slightly tighten supplies.
- The Steel Rebar Price Index weakness reflected high inventories, competitive imports, and distributor destocking across German service centers.
- Major mills ran around 75% utilization; logistical rail disruptions and freight surcharges increased delivered costs while supporting spot availability constraints.
Why did the price of Steel Rebar change in December 2025 in Europe?
- Tightened domestic supply and elevated feedstock costs pushed delivered prices upward despite overall weak construction demand.
- Rail and barge disruptions raised freight surcharges while high electricity and gas prices inflated manufacturing cost bases.
- Import quota uncertainty and safeguard measures prompted anticipatory buying and altered import flows, tightening marginal landed supply.
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For the Quarter Ending September 2025
North America
- In USA, the Steel Rebar Price Index rose by 6.47% quarter-over-quarter in Q3 2025, supported by tariffs.
- The average price for the quarter was approximately USD 937.67/MT, reflecting inventory dynamics.
- The Spot Price showed stability while 12-week averages climbed due to scrap cost pressure.
- The Steel Rebar Price Forecast signals modest upside as tariffs and infrastructure demand support mill pricing.
- The Steel Rebar Production Cost Trend reflects higher scrap and metallic inputs increasing production breakeven costs.
- The Steel Rebar Demand Outlook remains cautious as infrastructure orders offset weak commercial and residential construction activity.
- Gains in the Steel Rebar Price Index were reinforced by low service center inventories and fabricator procurement.
- New long-product capacity and import parity create headwinds, though trade remedies limit import competition.
- Near-term trading remained range-bound, with potential firming if scrap costs or import barriers materially tighten.
Why did the price of Steel Rebar change in September 2025 in North America?
- Tariff increases and antidumping rulings raised import parity, supporting domestic mill offers and preventing price erosion.
- Rising scrap and metallic input costs increased production breakevens, exerting upward pressure on transaction prices.
- Balanced mill utilization and muted private construction demand constrained upside despite policy-driven supply limitations.
APAC
- In Taiwan, the Steel Rebar Price Index fell by 6.29% quarter-over-quarter, reflecting weak construction demand.
- The average price for the quarter was approximately USD 705.67/MT, reflecting sales volumes.
- The Spot Price eased as ample scrap inflows and mill runs pressured domestic offers.
- The Steel Rebar Price Forecast anticipates modest upside later in the quarter driven by public infrastructure procurement.
- The Steel Rebar Production Cost Trend saw upward pressure from firmer imported scrap and billet costs.
- The Steel Rebar Demand Outlook remains weak as construction slowdowns and tender delays curb purchasing activity.
- The Steel Rebar Price Index reflected inventory builds and softer export inquiries, amplifying pricing pressure across markets.
- Major mills ran without outages, while provisional anti-dumping measures and regional billet competition pressured margins.
Why did the price of Steel Rebar change in September 2025 in APAC?
- Weak construction offtake and tender delays reduced domestic demand and distributor restocking, applying sustained downward pressure.
- Abundant scrap and billet inflows kept feedstock availability high, reducing cost-push support for domestic prices.
- Regional billet competition and provisional duties diverted exports, depressing mill margins and weakening price resilience.
Europe
- In Germany, the Steel Rebar Price Index fell by 4.78% quarter-over-quarter, reflecting bearish construction demand.
- The average price for the quarter was approximately USD 771.00/MT, per weekly FD-Ruhr assessments.
- Service-center and mill inventories remained elevated, pressuring the Spot Price and limiting bids.
- Imports and quota resets increased landed volumes, weakening domestic offers and the Steel Rebar Price Index.
- Energy tariffs and scrap movements influenced the Steel Rebar Production Cost Trend, squeezing mill margins.
- Civil engineering and public works underpinned demand in the Steel Rebar Demand Outlook, despite weak housing activity.
- The Steel Rebar Price Forecast shows limited upside, reliant on post-holiday restocking and fiscal support.
- Stock cover prompted distributors to draw inventories, amplifying downside risks for the Steel Rebar Price Index.
Why did the price of Steel Rebar change in September 2025 in Europe?
- Elevated inventories and weak construction demand reduced downstream buying, exerting downward pressure on spot levels.
- Competitive imports and quota resets increased supply, undermining domestic offers despite unchanged mill utilization levels.
- Lower scrap costs and stable energy prices limited cost-push inflation, allowing distributors to continue destocking.
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For the Quarter Ending June 2025
North America
- The Steel Rebar Price Index in North America declined by approximately 1.4% quarter-over-quarter in Q2 2025, reflecting growing supply surpluses as downstream demand softened.
- The Steel Rebar Production Cost Trend showed raw material and freight costs easing modestly. Scrap and coke inputs declined slightly, while logistics pressures softened in late Q2, providing some relief to producers.
- At the start of the quarter, the Steel Rebar Price Index was supported by a rebound in domestic production and renewed competition from imports, particularly from South Korea, increasing availability and pressuring prices.
- By mid-quarter, domestic raw steel output rose, with capacity utilization nearing 76–79%, while import competition intensified, widening the supply-demand gap and further dragging down prices, especially in Illinois markets.
- By the end of the quarter, elevated inventories and cautious buying behavior kept downward pressure on the Price Index, with weekly spot prices in Illinois falling steadily through late May and June into the low-to-mid USD 850–900/MT range.
- The Steel Rebar Demand Outlook weakened throughout the quarter as many developers delayed or scaled back projects. Nucor’s significantly reduced earnings in Q1 2025 reflected subdued market conditions and ordering hesitancy.
Why did the price of Steel Rebar change in July 2025 in North America?
- In July 2025, U.S. producers including Nucor Bar Group, Gerdau Long Steel North America, and Deacero/Mid Continent implemented price increases of about USD 60/ton (roughly 8.5%), pushing the Steel Rebar Price Index upward as buyers accelerated purchases amid expectations of sustained supply constraints and higher tariffs.
APAC
- The Steel Rebar Price Index in APAC declined by about 1% quarter-over-quarter compared with Q1 2025, reflecting ongoing oversupply and softer demand dynamics.
- The Steel Rebar Production Cost Trend showed input costs, particularly scrap and pig iron, remaining elevated through the start and middle of the quarter, squeezing producer margins. Slight easing in logistics costs toward quarter-end provided limited relief.
- Demand improved modestly due to seasonal construction and infrastructure activity, particularly in Taiwan, where shipment growth provided cautious optimism. However, demand remained muted in China and other economies, keeping overall uptake subdued.
- Manufacturing and supply dynamics showed Taiwanese mills raising prices for a second consecutive period due to cost pressures, even as Chinese imports weighed on domestic supply later in the quarter. Inventory levels remained elevated across major producing centers.
- The Steel Rebar Price Forecast indicates that prices are likely to remain soft in the medium term unless government stimulus measures or export demand improve significantly.
Why did the price of Steel Rebar change in July 2025 in Asia?
- In July 2025, the Steel Rebar Price Index rose modestly compared with Q2 levels. Early July data from China showed domestic prices increasing during the first ten days, signaling tighter market conditions.
- Global steel futures settled slightly above June averages, representing a modest increase of approximately 0.7% on July 18 and July 25.
- Renewed buying activity ahead of expected production cuts in coke and coking coal increased cost pressures and supported prices across the region.
Europe
- The Steel Rebar Price Index in Europe declined by approximately 7.3% in Q2 2025 compared with Q1, reflecting a weakening market.
- The Steel Rebar Production Cost Trend remained relatively stable. Declining scrap prices and logistical improvements provided slight relief, though oversupply and trade competition continued to pressure cost recovery.
- The Steel Rebar Demand Outlook softened throughout the quarter, particularly across private construction sectors in Germany, Italy, and France, due to seasonal weakness, excess inventories, and subdued investor sentiment.
- Supply-side dynamics were pressured by cheaper imports, notably from Turkey, Algeria, and Egypt, alongside high domestic output availability, contributing to downward momentum.
- By the end of the quarter, excess stock levels, persistent weak demand, and the holiday-season lull kept downward pressure on the Steel Rebar Price Index.
- The Steel Rebar Price Forecast suggests prices are likely to remain subdued in the medium term unless summer inventory drawdowns or stronger infrastructure demand emerge.
Why did the price change in July 2025 in Europe?
- In early to mid-July 2025, prices edged slightly lower as demand weakened further during the summer holiday period.
- Weak purchasing sentiment, export competition, stable-to-rising availability, and limited urgency from buyers constrained upward movement.
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