For the Quarter Ending March 2026
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 Steel Rebar price for the quarter was approximately USD 938.67/MT, reflecting balanced supply flows.
- Steel Rebar Spot Price strength emerged as domestic mills competed for scarce scrap, supporting the Price Index.
- Steel Rebar Production Cost Trend increased with higher scrap and energy costs, informing a cautious Steel Rebar Price Forecast.
- 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 Steel Rebar Spot Price upside and Price Index.
- Domestic mill run-rates remained steady, 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 Steel Rebar price for the quarter was approximately USD 580.33/MT, reflecting stable market.
- Participants tracked the Steel Rebar 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.
- Steel Rebar Production Cost Trend showed steady scrap, billet costs, with contained energy and freight pressures.
- Short-term Steel Rebar Demand Outlook is 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 Steel Rebar price for the quarter was USD 740.67/MT, supported by tight imports
- Steel Rebar Spot Price remained range-bound as Price Index showed modest gains amid balanced supply
- Steel Rebar Demand Outlook points to gradual spring pickup, supporting Price Index despite seasonal softness
- Steel Rebar Production Cost Trend remained elevated, with electricity and carbon charges pressuring mill margins
- Steel Rebar Price Forecast indicates modest spring upside as infrastructure procurement and quotas tighten supply
- Steel Rebar Price Index stability was aided by comfortable Ruhr inventories and muted export demand
- Mills ran below capacity, 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, producing sideways Price Index movement and neutral spot prices
- Stable scrap and billet costs limited pressure on mills, tempering modest momentum in Price Index
- Import quota tightening and geopolitical risks supported bids, while energy tariff changes eased mill burdens
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 Steel Rebar price for the quarter was approximately USD 1003.67/MT per CFR Illinois data.
• Steel Rebar Spot Price remained range-bound in December as inventories balanced and import flows stayed constrained.
• Steel Rebar Price Forecast suggests modest upside driven by continued public infrastructure demand and forward buying.
• Steel Rebar Production Cost Trend showed steady scrap and low gas prices, limiting immediate cost-push pressure.
• Steel Rebar Demand Outlook remains mixed; robust public-sector consumption contrasts with softer private commercial construction activity.
• Steel Rebar Price Index stability reflected mill lists, constrained imports, and steady distributor inventory levels.
• Domestic mills held allocations with varied utilisation, 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 Steel Rebar price for the quarter was approximately USD 585.67/MT, per market assessments.
• Steel Rebar Spot Price remained stable weekly, with elevated inventories limiting dealer restocking and volumes.
• Steel Rebar Price Forecast projects mild recovery after Lunar New Year as contractors refill stocks.
• Steel Rebar Production Cost Trend eased slightly as imported scrap prices softened, supporting mill margins.
• Steel Rebar Demand Outlook remains muted near term due to year-end lull and public disbursement.
• 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 Steel Rebar price for the quarter was approximately USD 754.67/MT, reflecting muted domestic activity.
• Steel Rebar Spot Price exhibited modest week-to-week volatility while the Price Index nevertheless tracked a downward trend.
• Steel Rebar Production Cost Trend showed upward pressure from rising electricity, gas and EU-ETS costs, narrowing mill margins.
• Steel Rebar Demand Outlook remains weak overall, though public infrastructure projects provide some demand support into year-end.
• Steel Rebar Price Forecast anticipates limited near-term gains as quota changes and end-of-year buying slightly tighten supplies.
• Steel Rebar Price Index weakness reflected high inventories, competitive imports, and distributors' destocking across German service centres.
• Major mills ran around 75% utilization; logistical rail disruptions and freight surcharges increased delivered costs, 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 up, 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.
For the Quarter Ending September 2025
North America
• In USA, the Steel Rebar Price Index rose by 6.47% quarter-over-quarter, Q3 2025, tariff support.
• The average Steel Rebar price for the quarter was approximately USD 937.67/MT, reflecting inventory dynamics.
• Steel Rebar Spot Price showed stability while 12-week averages climbed due to scrap cost pressure.
• Steel Rebar Price Forecast signals modest upside as tariffs and infrastructure demand support mill pricing.
• Steel Rebar Production Cost Trend reflects higher scrap and metallic inputs increasing production breakeven costs.
• Steel Rebar Demand Outlook remains cautious as infrastructure orders offset weak commercial, residential construction activity.
• Steel Rebar Price Index gains 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 rangebound, 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, preventing price erosion.
• Rising scrap and metallic input costs increased production breakevens, exerting upward pressure on transaction prices.
• Balanced mill utilisation 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 Steel Rebar price for the quarter was approximately USD 705.67/MT, reflecting sales volumes.
• Steel Rebar Spot Price eased as ample scrap inflows and mill runs pressured domestic offers.
• The Steel Rebar Price Forecast anticipates modest upside later this quarter driven by public infrastructure-procurement.
• Steel Rebar Production Cost Trend saw upward pressure from firmer imported scrap and billet costs.
• Steel Rebar Demand Outlook remains weak as construction-slowdowns and tender delays curb purchasing-activity overall.
• The Steel Rebar Price Index reflected inventory-builds and softer export-enquiries, amplifying pricing momentum 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-available, reducing cost-push support for domestic price levels thereby.
• Regional billet competition and provisional duties diverted exports, depressing mill margins and weakening price-resilience further.
Europe
• In Germany, the Steel Rebar Price Index fell by 4.78% quarter-over-quarter, reflecting bearish construction demand.
• The average Steel Rebar price for the quarter was approximately USD 771.00/MT, per weekly FD-Ruhr.
• Service-centre and mill inventories remained elevated, pressuring the Steel Rebar Spot Price and limiting bids.
• Imports and quota resets increased landed volumes, weakening domestic offers and 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.
• Short-term 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 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 plus quota resets increased supply, undermining domestic offers despite unchanged mill utilisation levels.
• Lower scrap costs and stable energy limited cost-push inflation, allowing distributors to continue destocking practices.
For the Quarter Ending June 2025
North America
• The Steel Rebar Price Index in North America declined by approximately 1.4% quarter on quarter in Q2 2025, reflecting growing supply surpluses as downstream demand softened.
• Steel Rebar Production Cost Trend: Raw material and freight costs eased modestly—scrap and coke inputs declined slightly, and logistic pressures softened in late Q2—providing some relief to producers, though not enough to offset price stability concerns.
• At the start of the quarter, the Steel Rebar Price Index was supported by rebound in domestic production and renewed competition from imports (especially South Korea) due to low antidumping margins, increasing availability and pressuring prices.
• By mid quarter, domestic raw steel output rose (capacity utilization nearing 76–79%), while import competition intensified, widening the supply and demand gap and further dragging down rebar 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.
• Steel Rebar Demand Outlook: Construction sector demand weakened throughout the quarter, with many developers delaying or scaling back projects; Nucor’s drastically reduced earnings in Q1 2025 signal subdued market conditions and ordering hesitancy.
• Why did the Steel Rebar price change in July 2025 in North America?
• In July 2025, U.S. rebar 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%) effective mid July, pushing Steel Rebar Price Index upward as buyers accelerated purchasing amid anticipation of sustained supply constraints and higher tariffs
APAC
• Steel Rebar Price Index in APAC declined by about 1% quarter on quarter compared to Q1 2025, reflecting ongoing oversupply and softer demand dynamics.
• Steel Rebar Production Cost Trend: Input costs especially scrap and pig iron remained elevated into the start and mid quarter, squeezing producer margins. However, slight easing in logistics costs toward the end of the quarter provided limited relief.
• Demand was modestly improving due to seasonal construction and infrastructure activity, particularly seen in Taiwan where shipment growth in MONTH on month led to cautious optimism. But demand remained muted in China and other economies, keeping overall uptake subdued.
• Manufacturing & Supply Dynamics: At the start of the quarter, Taiwanese mills such as United Steel Corp. raised rebar 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 in major APAC producing centres.
• Steel Rebar Price Forecast: With persistent surplus and sluggish off take in key markets, prices are expected to remain soft into the medium term unless government stimulus or export demand picks up 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 to Q2 levels. Early July data from China showed domestic rebar prices increasing in the first ten days, signaling tighter conditions in Chinese domestic markets. Globally, steel futures settled slightly up from June averages, representing a small uptick ≈ +0.7% seen on July 18 and 25. Contributing factors included renewed buying activity ahead of expected production cuts in coke and coking coal, which spurred cost pressures and supported prices in Asia.
Europe
• The Steel Rebar Price Index in Europe declined by approximately 7.3% in Q2 2025 compared to Q1, reflecting a weakening market.
• Steel Rebar Production Cost Trend remained relatively stable; declining scrap prices and logistical improvements provided slight relief, yet oversupply and trade competitiveness continued to pressure cost recovery.
• Steel Rebar Demand Outlook softened throughout the quarter, particularly in private construction sectors across Germany, Italy and France, as activity slowed due to seasonal weakness, excess inventories and subdued investor sentiment.
• Supply-side dynamics in the region showed heightened pressure from cheaper imports (notably from Turkey, Algeria and Egypt), and maintained high availability of domestic output, further contributing to downward momentum.
• By the end of the quarter, excess stock levels, persistent low demand and holiday season lull kept downward pressure on the Steel Rebar Price Index.
• Steel Rebar Price Forecast for the medium term suggests prices are likely to remain subdued unless summer draws down inventories or demand from infrastructure projects picks up—no immediate rebound is expected.
• Why did the price change in July 2025 in Europe?
• In early to mid July 2025, European steel rebar prices edged slightly lower as demand dwindled further into the summer holiday period. Weak purchasing sentiment, export competition, stable or rising availability and minimal urgency from buyers all constrained upward moves.
