The average structural steel price per ton in 2025 is $890.
People like buyers, contractors, and planners watch prices for many reasons:
When structural steel prices go up, it costs more to buy materials and profits can go down.
If prices stay steady, it is easier to plan budgets and finish projects on time.
Prices change a lot because of the market and tariffs, so planning money is very important.
Steel prices went up by 3.15% from the first quarter to the second quarter. But prices dropped by 10.5% compared to last year because of tariffs. WZHbuild is a top steel structure maker in China. They have ISO9001, CE, and SGS certifications. They have exported for 23 years. They give advice to buyers around the world.
The average price for structural steel in 2025 is $890 per ton. Market reports from July and September show this price is correct. Prices depend on how much steel people want and how much is available. Many buyers and planners use this price to guess how much new buildings will cost.
Yearly averages show prices are going up. In 2024, the average price was $34.81 per ton. In 2025, it went up to $40.12 per ton.
Year | Average Price (US$/ton) |
2024 | $34.81 |
2025 | $40.12 |
Prices change with the seasons and shipping costs. Energy prices and how easy it is to get iron ore or scrap steel also matter. Rules about trading with other countries can make prices go up or down fast.
Structural steel prices are different in each region. Local needs and supplies make these changes happen. The United States and Canada have close prices. Malaysia has lower prices because it has more steel nearby.
Region | Price (US$/MT) | Main Causes of Price Variation |
United States | 885 | Demand from construction and automotive industries |
Germany | 806 | Robust consumption in manufacturing and engineering sectors |
Malaysia | 558 | Cost advantages due to regional supply availability |
Canada | 883 | Steady demand from infrastructure projects and the energy sector |
Brazil | 770 | Active demand in construction and industrial machinery |
Prices in the United States and Canada are high because many people need steel for building and energy. Germany’s price is high because factories use a lot of steel. Malaysia’s price is lower since it has more raw materials. Brazil’s price is in the middle because its factories are growing.
The price for structural steel in 2025 is higher than in 2024. Many things caused this change:
Supply and demand
Seasonal changes
Shipping costs
Energy prices
How much iron ore and scrap steel is available
Big economic changes
Rules for trading with other countries
The price of iron ore and scrap steel affects steel prices a lot.
If these materials are hard to find, people want them more, so prices go up.
When material prices go up, steel gets more expensive.
Supply and demand control the market. If more people want steel than there is available, prices rise. If there is more steel than people want, prices fall. This helps experts guess what will happen next.
Note: Buyers should pay attention to these things. Changes in shipping or energy prices can change how much big projects cost.
Structural steel prices have moved a lot in 2025.
Prices dropped during the first half of the year.
A rebound started in the second half.
The overall trend shows a big drop compared to past years.
Supply chain changes, energy costs, and world events caused these shifts.
Many experts expect prices to keep falling through the first and second quarters.
Prices may reach their lowest point around mid or late 2025.
The global average price is likely to decrease from $740 per metric ton in 2024 to about $730 per metric ton in 2025.
These changes make planning and budgeting more important for buyers.
Several events shaped the structural steel price in 2025.
On June 4, a 50% steel tariff started. This made imported steel more expensive and reduced competition from other countries.
Major producers like Cleveland-Cliffs and Steel Dynamics raised their prices. Cleveland-Cliffs reached $950 per ton in June.
Nucor’s Consumer Spot Price hit $900 per ton by July.
Construction costs for structural steel increased by 5% to 8%.
Many experts expect further increases as the effects of the tariff continue.
Tip: Buyers should watch for new tariffs and price changes from major producers. These events can affect project costs quickly.
Comparing past years helps buyers understand today’s market.
The table below shows prices in different regions and how they compare to the U.S.:
Region | Price per Ton | Price Premium Compared to U.S. |
U.S. | $850-900 | - |
China | $410 | 107% |
Europe | $635 | 34% below U.S. levels |
World Export | $466 | - |
Prices in the U.S. remain higher than in China and Europe.
China’s price is much lower, while Europe’s price is about one-third less than the U.S.
World export prices also stay below U.S. levels.
These trends show how location and trade rules affect the market.
Tariffs and trade rules change steel prices a lot. On June 4, 2025, the U.S. raised Section 232 tariffs. Most foreign steel imports now have a 50% tariff instead of 25%. This made costs go up for many businesses. Construction and car companies pay more now.
Companies spend over $50 billion extra each year. Many companies charge buyers more to cover these costs. This makes structural steel prices go up. Construction feels this the most. Material costs are still about 40% higher than before the pandemic. People still want new homes and buildings. This keeps prices high.
Demand and supply trends change steel prices everywhere. In 2025, people want 1.2% more steel. That means 21 million more tonnes are needed. New steel plants will make 50 million more metric tonnes. This big jump in supply means there is too much steel. When there is too much steel, prices usually drop.
Evidence Type | Description |
Demand Growth | Global steel demand grows by 1.2% in 2025 (21 million tonnes). |
Supply Increase | 50 million metric tonnes of new capacity enters the market. |
Price Decline | Overcapacity leads to further price declines in 2025. |
Raw material costs change steel prices directly. Iron ore and recycled steel prices can go up or down fast. World events, trade rules, and inflation all matter. Metal building suppliers raised prices by 5–10%. They think steel will cost more soon. Some may raise prices again if raw material prices keep changing. Many buyers try to buy now to avoid sudden price jumps.
Influences on Steel Pricing | Description |
Geopolitical Factors | Tariffs and import rules affect costs. |
Raw Material Availability | Iron ore and scrap steel supply changes pricing. |
Economic Trends | Inflation and building booms raise steel demand. |
Suppliers tell buyers to lock in prices early.
Changing raw material costs can cause more price increases.
Market feelings change how people buy and sell steel. Many buyers watch their stock closely. This helps keep prices steady. More people think prices will fall soon. Some wait to buy because they expect prices to stay the same. Some areas need less steel now. But new roads and clean energy projects help keep prices steady.
Evidence Type | Description |
Inventory Management | Careful inventory control stabilizes prices. |
Bearish Sentiment | More buyers expect price decreases. |
Expectation of Stability | Many expect prices to remain steady. |
Balancing Market Pressures | Infrastructure and renewables support price stability. |
WZHbuild is a trusted supplier in this busy market. The company has ISO9001:2000, CE, and SGS certifications. WZHbuild has exported for over 23 years. They give good quality and advice to buyers around the world.
Structural steel prices changed a lot in 2025. Builders pay more now because tariffs and prices went up. Sarah Martin from Dodge Construction Network said developers must change their plans. Many developers add bigger cost buffers, about 15-20%. Before 2025, they only added 5%.
The U.S. put a 25% tariff on steel and aluminum.
Steel prices started rising after December 2024.
68% of builders had delays from supplier talks.
Rebar prices went up by 26%. This added over $14,000 to a single-family home.
The Housing Market Index for April 2025 was 40. Builders feel less hopeful.
Builders should expect higher costs and longer wait times. Careful planning helps avoid problems.
Manufacturers also feel the changes in steel prices. Many companies change their prices to handle higher costs. Industries like renewable energy and real estate want more custom steel. Making steel in a greener way changes how much things cost and how products are made.
Manufacturers think steel prices will keep rising.
More industries want custom steel solutions.
Greener ways to make steel change costs.
Local market conditions affect steel prices in each area. Shipping costs and supply-demand cause price changes. Places that import steel see bigger price jumps. Areas with their own steel factories have steadier prices. Using local supply chains helps U.S. steel demand and keeps prices stable.
Regions with their own steel can handle price changes better. Places that import steel see more ups and downs.
Buyers need smart plans for the 2025 steel market.
Use a CRM system to track leads.
Give online quotes to attract buyers.
Spend more on digital ads to reach customers.
Buyers should check suppliers before choosing. Talking clearly about project needs helps get good results.
Get quotes from at least four suppliers.
Make sure you know what the price covers.
Ask about how long things will take and customer help.
Steel building costs in 2025 are $15 to $43 per square foot. Design and location change the final price. Careful planning helps buyers stay on budget.
Experts think structural steel prices will go up in 2025. Lower interest rates help builders start new projects. More money is spent on building because of government programs. These things make prices rise. New factories might slow down some price increases. Many experts believe prices will stay the same or go up a little by the end of the year.
Many things will change steel prices in late 2025:
More building and car making
Changes in raw material costs
Energy prices
World trade rules
Problems between countries and trade bans
Each thing can make prices change fast. Builders and makers watch these things closely. They change their plans to save money and get enough steel.
People in the industry use smart ways to lower risks in 2025:
Work with more suppliers to avoid problems from tariffs and trade.
Use value checks and cost models to watch spending and keep quality good.
Use AI and data to make better buying choices. Data helps find deals and see market changes.
Use automation to handle contracts faster and make buying easier.
These steps help buyers get ready for changes in the market.
WZHbuild gives expert help to buyers and planners. The company has exported for over 23 years and has ISO9001, CE, and SGS certifications. Their team gives the latest market news and helps clients pick the best ways to buy steel. Buyers can trust WZHbuild for good price guesses and custom help. If you plan a new project, WZHbuild’s support makes buying easy and supply steady.
Tip: Ask WZHbuild for the newest market news and advice about buying structural steel in 2025.
Steel prices in 2025 are changing in different ways.
Prices went up by 3.15% from Q1 to Q2.
Costs are 10.5% lower than last year.
Tariffs might help prices stay the same later.
Many things affect the market:
Influencing Factor | Impact on Pricing |
Supply and Demand | Prices can go up or down |
Raw Material Costs | These change steel prices |
Energy Costs | They make making steel cost more |
Exchange Rates | They change import and export |
Sector Impacts | Building and making things matter |
Buyers should look at different suppliers. They need to check project needs. Planning for price changes is smart. WZHbuild gives expert help and custom designs. They have strong skills for every project.
The average price is $890 for each ton. This number comes from new market reports. People use this price to guess how much projects will cost.
Steel prices go up and down because of supply and demand. Tariffs and raw material costs also matter. News and big events can change prices too.
Tip: Check for news often to know what is happening.
Tariffs make steel from other countries cost more. Builders and makers pay higher prices when tariffs go up. Many companies change their budgets when tariffs are different.
Yes, prices are not the same everywhere. Local supply and demand change prices. Shipping costs also make prices different. Malaysia has lower prices than the United States.
Buyers should look at quotes from many suppliers. They need to see what each price covers.
Ask about when steel will arrive
Pick suppliers with certificates
Buy early to save money