For the Quarter Ending March 2026
Steel Wire Rod Prices in North America
- In USA, the Steel Wire Rod Price Index rose by 1.05% quarter-over-quarter, reflecting balanced imports and demand.
- The average Steel Wire Rod price for the quarter was approximately USD 1185.00/MT, supported by imports.
- Steel Wire Rod Spot Price stayed range-bound; Price Index signaling limited volatility amid balanced port arrivals.
- Steel Wire Rod Price Forecast flags upside risk if imports tighten or freight/scrap costs marginally increase.
- Steel Wire Rod Production Cost Trend stable; scrap and energy steady, but higher freight could elevate landed costs.
- Steel Wire Rod Demand Outlook remains steady from infrastructure and construction projects while automotive demand sustains baseline consumption.
- Steel Wire Rod Price Index stability reflected balanced inventories and 82% mill utilization, limiting immediate upward pressure.
- Export flows from Brazil and Mexico capped upside; distributors-maintained buying per Steel Wire Rod Price Forecast
Why did the price of Steel Wire Rod change in March 2026 in North America?
- Balanced imports and construction demand-maintained equilibrium, preventing significant March Steel Wire Rod price movements regionally.
- Stable scrap and energy costs alongside Gulf Coast logistics constrained production cost escalation in March.
- Selective mill maintenance and freight surcharge upticks were offset by port inventories and steady offtake.
Steel Wire Rod Prices in APAC
- In Indonesia, the Steel Wire Rod Price Index fell by 3.5561% quarter-over-quarter, reflecting softer demand.
- The average Steel Wire Rod price for the quarter was approximately USD 524.33/MT, reported domestically.
- Steel Wire Rod Spot Price remained range-bound; steady mill dispatches and imports limited upward movement.
- Steel Wire Rod Price Forecast shows upside potential if pre-Ramadan restocking and infrastructure demand accelerate.
- Steel Wire Rod Production Cost Trend muted; scrap, billet and energy costs remained broadly unchanged.
- Steel Wire Rod Demand Outlook is cautious; buyers delayed bulk purchases pending initial fiscal disbursements.
- Steel Wire Rod Price Index reflected comfortable inventories and moderate export demand cushioning spot volatility.
- Domestic mills ran rates, supplying most demand while limited fresh import cargoes supported firmer offers.
Why did the price of Steel Wire Rod change in March 2026 in APAC?
- Adequate billet and scrap inflows sustained supply, preventing stronger price appreciation despite steady consumption levels.
- Elevated freight and insurance premiums marginally increased landed costs, yet unchanged energy costs limited pass-through.
- Buyers delayed bulk procurement pending budget disbursements, keeping transactions need-based and capping upstream price recovery.
Steel Wire Rod Prices in Europe
- In Germany, the Steel Wire Rod Price Index rose by 8.261% quarter-over-quarter, reflecting tighter supply and higher energy-linked conversion costs.
- The average Steel Wire Rod price for the quarter was approximately USD 707.67/MT, reported across domestic FD-Ruhr and CFR Bremen assessments.
- Steel Wire Rod Spot Price firmed as constrained scrap inflows and freight surcharges elevated replacement costs.
- Steel Wire Rod Price Forecast shows upside into Q2 driven by restocking and steady mill run-rates.
- Steel Wire Rod Production Cost Trend rose with higher electricity prices and scrap tightness increasing expenses.
- Steel Wire Rod Demand Outlook remains subdued as automotive and construction weakness curbs near-term inventory rebuilding.
- Steel Wire Rod Price Index showed firmness despite muted transactions, reflecting mills selectively testing higher offers.
- Inventories stayed comfortable at distribution yards while export demand and mill availability balanced routine levels.
Why did the price of Steel Wire Rod change in March 2026 in Europe?
- Supply relief from Benelux mills restored arrivals, easing short-term shortages and prompting German price moderation.
- Rising electricity and freight costs increased conversion expenses, elevating production ceilings for domestic wire-rod producers.
- Seasonal construction slowdown, cautious downstream buying limited spot demand despite functioning ports and adequate inventories.
For the Quarter Ending December 2025
Steel Wire Rod Prices in North America
- In the USA, the Steel Wire Rod Price Index fell by 0.88% quarter-over-quarter, subdued demand.
- The average Steel Wire Rod price for the quarter was approximately USD 1084.33/MT, reported industry-wide.
- Steel Wire Rod Spot Price remained range-bound this quarter, the Price Index showing minimal volatility.
- Market Price Forecast anticipates modest upside as infrastructure procurement and buying support Steel Wire Rod purchases.
- Steel Wire Rod Production Cost Trend remained stable; flat scrap and freight costs limited increases.
- Steel Wire Rod Demand Outlook is muted due to high borrowing costs, cautious distributor restocking.
- Inventories and export demand held balanced, keeping the Price Index steady amid limited spot buying.
- Major producer maintenance and tariff protections constrained imports, supporting domestic offers despite incremental capacity additions.
Why did the price of Steel Wire Rod change in December 2025 in North America?
- Balanced domestic production and steady imports-maintained supply, preventing significant price increases despite muted demand.
- Stable freight and flat feedstock costs limited mill cost pass-through, keeping landed CFR offers unchanged.
- Seasonally subdued construction activity and comfortable distributor stocks reduced buying urgency, anchoring prices through December.
Steel Wire Rod Prices in APAC
- In Indonesia, the Steel Wire Rod Price Index fell by 3.43% quarter-over-quarter, reflecting softer procurement.
- The average Steel Wire Rod price for the quarter was approximately USD 543.67/MT per surveys.
- Steel Wire Rod Spot Price remained constrained by import parity and distributor inventory, limiting upside.
- Near-term Steel Wire Rod Price Forecast indicates modest weakness before seasonal procurement supports renewed buying.
- Steel Wire Rod Production Cost Trend reflected firmer imported billet costs and freight, pressuring margins.
- Steel Wire Rod Demand Outlook remains constructive driven by infrastructure spending and construction sector procurement.
- Domestic Steel Wire Rod Price Index showed volatility amid mixed import offers and port congestion.
- Mills operated near-normal rates while inventories trimmed by restocking, influencing short-term transactional pricing dynamics overall.
Why did the price of Steel Wire Rod change in December 2025 in APAC?
- Stronger infrastructure demand and urgent year-end drawdowns tightened domestic availability, supporting upward price pressure.
- Higher imported billet parity plus freight increases elevated production costs, transmitting into rod offers.
- Port congestion and shipment delays amplified inventory tightness, prompting sellers to defend higher bids.
Steel Wire Rod Prices in Europe
- In Germany, the Steel Wire Rod Price Index fell by 6.53% quarter-over-quarter, driven by weak construction demand and higher imports.
- The average Steel Wire Rod price for the quarter was approximately USD 615.67/MT, reflecting aggregated weekly and spot assessment data.
- Steel Wire Rod Spot Price volatility eased as abundant imports tempered short-term rallies, keeping the Steel Wire Rod Price Index sideways.
- Steel Wire Rod Price Forecast indicates modest upside near-term as winter restocking competes with lingering construction weakness.
- Steel Wire Rod Production Cost Trend rose amid tighter scrap availability and elevated electricity tariffs elevating mill conversion charges.
- Steel Wire Rod Demand Outlook remains subdued as German construction and automotive pull slow, despite pockets of infrastructure-driven procurement.
- Elevated distributor inventories and smooth Bremerhaven arrivals have pressured the Steel Wire Rod Price Index throughout the quarter.
- Domestic mill run-rate adjustments and EU safeguard quotas intermittently tightened supply, supporting selective upward pressure on spot offers.
Why did the price of Steel Wire Rod change in December 2025 in Europe?
- Soft domestic construction demand and subdued automotive orders reduced offtake, exerting downward pressure on December prices.
- Elevated import arrivals and distributor destocking increased availability, weighing on the Steel Wire Rod Price Index performance.
- Higher scrap scarcity and electricity tariffs pushed production costs up, underpinning selective seller resilience despite weak demand.
For the Quarter Ending September 2025
North America
- In the USA, the Steel Wire Rod Price Index rose by 3.0% quarter-over-quarter, reflecting tariff protection.
- The average Steel Wire Rod price for the quarter was approximately USD 1170.00/MT, reflecting stable inventories.
- Steel Wire Rod Spot Price remained range-bound as import parity and mill allocations constrained transactional liquidity.
- Steel Wire Rod Price Forecast points to modest volatility driven by seasonal construction and mill utilisation.
- Steel Wire Rod Production Cost Trend remained stable as scrap and energy inputs exhibited limited volatility.
- Steel Wire Rod Demand Outlook remains balanced as infrastructure and automotive demand offset weaker residential construction.
- Steel Wire Rod Price Index benefited from antidumping measures and limited imports, preserving domestic pricing power.
- Domestic mills ran near 80% utilisation, inventories manageable, while sporadic export demand provided price support.
Why did the price of Steel Wire Rod change in September 2025 in North America?
- High mill utilisation plus antidumping measures reduced import competition, tightening supply and underpinning domestic prices.
- Summer construction and steady automotive offtake sustained demand, while high borrowing costs restrained residential activity.
- Stable scrap and energy costs and fluid Gulf logistics supported steady conversion economics, reducing volatility.
APAC
- In Indonesia, the Steel Wire Rod Price Index rose by 0.6% quarter-over-quarter, reflecting steady mills, demand.
- The average Steel Wire Rod price this quarter was approximately USD 563.00/MT, supported by steady mills.
- Steel Wire Rod Spot Price weakened September as export offers and inventory builds pressured domestic markets.
- Steel Wire Rod Price Index showed intermittent firmness July driven by infrastructure procurement and automotive restocking.
- Steel Wire Rod Production Cost Trend increased due to higher billet and coking coal conversion expenses.
- Steel Wire Rod Demand Outlook remains cautious with construction seasonality offsetting stronger public infrastructure procurement continuing.
- Steel Wire Rod Price Forecast indicates range-bound September, downside risk from inventories and ASEAN competition persisting.
- Steel Wire Rod Price Index reflected balanced logistics, stable PLN tariffs and uninterrupted mill availability supporting.
Why did the price of Steel Wire Rod change in September 2025 in APAC?
- Regional inventories increased while Chinese export offers grew, applying downward pressure on Indonesian spot markets.
- Sustained mill operations and stable freight limited supply disruptions, reducing short-term upward price impetus significantly.
- Rising input costs for feedstocks contrasted with abundant arrivals, producing mixed signals for price direction.
Europe
- In Germany, the Steel Wire Rod Price Index fell by 2.13% quarter-over-quarter, reflecting weak offtake.
- The average Steel Wire Rod price for the quarter was approximately USD 658.67/MT during Q3 2025.
- Steel Wire Rod Spot Price oscillated, with the twelve week moving average indicating gradual stabilisation.
- Steel Wire Rod Price Forecast expects autumn gains from infrastructure restocking and constrained billet supply.
- Steel Wire Rod Production Cost Trend shows scrap increases easing while electricity tariffs remain stable.
- Steel Wire Rod Demand Outlook remains mixed with construction restocking offsetting weak automotive procurement activity.
- Steel Wire Rod Price Index upside limited by elevated inventories, imports and subdued downstream call-offs.
- Major German mills operated without outages, maintaining deliveries and tempering Price Index volatility amid softness.
Why did the price of Steel Wire Rod change in September 2025 in Europe?
- Balanced domestic supply meeting roughly 85% of consumption prevented sharp shortages, reducing upward price pressure.
- Elevated inventories and steady import volumes increased available stocks, exerting downside pressure on September quotations.
- Stable energy and logistics contained cost shocks, leaving weak offtake, sentiment to drive soft pricing.
For the Quarter Ending June 2025
North America
- The Steel Wire Rod Price Index in the USA decreased by 4% quarter-over-quarter in Q2 2025. The decline was largely attributed to softening demand from the automotive and construction sectors, coupled with easing raw material input costs and competitive import offers.
- The Steel Wire Rod Production Cost Trend remained steady, with domestic mills operating under stable energy and transportation conditions, though reduced capacity utilization contributed to minor inefficiencies.
- The Steel Wire Rod Demand Outlook weakened, as downstream manufacturers slowed procurement amid broader economic uncertainty and elevated inventory levels.
- Imports increased marginally, especially from Asian suppliers offering lower-priced alternatives, impacting domestic mill pricing strategies.
Why did the price of Steel Wire Rod change in July 2025 in North America?
- The Steel Wire Rod Spot Price in July 2025 is estimated to have edged slightly lower as transactional volumes remained thin and buyer sentiment cautious.
- Purchasing activity from construction subcontractors and OEMs was limited, with most participants waiting for clearer signals.
- The Steel Wire Rod Price Forecast suggests continued pricing pressure unless government-funded infrastructure projects accelerate.
- The Steel Wire Rod Demand Outlook stays subdued due to flat ordering patterns and import competition.
APAC
- The Steel Wire Rod Price Index in Indonesia decreased by 2.4% quarter-over-quarter in Q2 2025. The fall reflected tepid infrastructure activity and limited manufacturing output, alongside discounted offers from regional mills.
- The Steel Wire Rod Production Cost Trend declined marginally due to cheaper billet inputs and favorable domestic logistics.
- The Steel Wire Rod Demand Outlook was dampened by project delays, slower construction permit approvals, and weak private investment.
- Export momentum also lagged amid oversupply in Southeast Asia and narrowing regional price spreads.
Why did the price of Steel Wire Rod change in July 2025 in Indonesia?
- The Steel Wire Rod Spot Price in July 2025 likely stayed soft amid abundant supply and minimal restocking by distributors.
- Domestic consumption remained slow, with many buyers hesitant to build positions ahead of Q3 bids.
- The Steel Wire Rod Price Forecast indicates potential sideways movement unless infrastructure or export demand rebounds.
- The Steel Wire Rod Demand Outlook remains muted due to sluggish project execution and limited stimulus visibility.
Europe
- The Steel Wire Rod Price Index in Germany decreased by 1.3% quarter-over-quarter in Q2 2025. The contraction was driven by slow recovery in industrial activity, elevated inventories, and continued import pressure from Eastern Europe and Asia.
- The Steel Wire Rod Production Cost Trend was mostly stable, supported by predictable input pricing for scrap and semi-finished goods, but affected by lower plant utilization.
- The Steel Wire Rod Demand Outlook remained weak as the construction pipeline stayed thin and buyers delayed new procurement cycles.
- Imports remained competitively priced, further challenging domestic producers in maintaining margins.
Why did the price of Steel Wire Rod change in July 2025 in Germany?
- The Steel Wire Rod Spot Price in July 2025 likely trended slightly lower due to a sluggish demand environment and minimal price negotiation leverage for mills.
- Industrial buyers maintained conservative positions amid broader macroeconomic uncertainty.
- The Steel Wire Rod Price Forecast remains soft unless manufacturing output or regional infrastructure spending picks up.
- The Steel Wire Rod Demand Outlook is restrained due to delayed government contracts and export market headwinds.
