Carbon steel price guide

Fastmarkets MB has produced independent assessments of non-ferrous metal prices, steel prices and scrap prices for many decades since it was established in 1913. These non-ferrous and ferrous metal prices and scrap prices are used widely. Producers, consumers and trading companies take our prices as the basis to settle contracts with their counter-parties. Companies and banks employ them to value inventories or ores, and to evaluate projects and opportunities. Governments consider them when they calculate royalties and tariffs.

For more information on our pricing methodologies, please visit our pricing methodology page.


Ferro Active Prices

Europe

Northern Europe Imports € per tonne cfr main EU port
Rebar
Wire rod (mesh quality)
Plate (8-40mm)
Hot rolled coil
Cold rolled coil
Hot-dip galvanized coil

Southern Europe Imports € per tonne cfr main EU port
Rebar
Wire rod (mesh quality)
Plate (8-40mm)
Hot rolled coil
Cold rolled coil
Hot-dip galvanized coil

Southern Europe exports € per tonne fob main EU port
Rebar
Wire rod (mesh quality)

Northern Europe Domestic € per tonne delivered basis point
Rebar
Wire rod (mesh quality)
Sections (medium)

Northern Europe Domestic € per tonne ex-works
Plate (8-40mm)
Hot rolled coil
Cold rolled coil
Hot-dip galvanized coil

Southern Europe Domestic € per tonne delivered basis point
Rebar
Wire rod (mesh quality)
Sections (medium)
Southern Europe Domestic € per tonne ex-works
Plate (8-40mm)
Hot rolled coil
Cold rolled coil
Hot-dip galvanized coil

CIS Exports (Black Sea) $ per tonne fob stowed main Black Sea port
Billet
Slab
Rebar
Wire rod (mesh)
Heavy plate (10-50mm)
Hot rolled coil
Cold rolled coil

CIS Domestic Russian Rubles per tonne carriage paid to (cpt) inc VAT
Rebar
Hot rolled sheet
Cold rolled sheet

Middle East

Turkish Exports $ per tonne fob main Turkish port
Billet
Rebar
Wire rod (mesh quality)
Merchant bars

Turkish Domestic $ per tonnne ex-works
Billet
Rebar
Wire rod (mesh quality)
Hot rolled coil
Cold rolled coil

Turkish Imports $ per tonne cfr main Turkish port
Billet
Hot rolled coil
Cold rolled coil

UAE imports $ per tonne cfr Jebel Ali
Billet
Rebar
Hot rolled coil
Cold rolled coil

Iran Domestic million rials per tonne delivered warehouse Tehran
Rebar (12-25mm) 
Plate
Hot rolled coil
Cold rolled coil
Hot-dip galvanized coil

Iran Imports $ per tonne cfr Iranian northern ports
Billet
Rebar

Egyptian Domestic £ per tonne ex-works
Rebar

Latin America exports $ per tonne fob stowed main South American port
Billet
Slab
Rebar
Wire rod mesh quality
Heavy plate over 10mm
Hot rolled coil (dry)
Cold rolled coil
Galvanized coil

Nafta US imports $ per short ton cfr Gulf
Rebar
Merchant bars
Wire rod (low carbon)
Medium sections
Medium plate
Heavy plate
Hot rolled coil (commodity)
Cold rolled coil
Hot dipped galvanized 0.012-0.015, G30
Hot dipped galvanized 0.019, G60

US domestic $ per short ton
Rebar (fob mill)
Wire rod (mesh quality delivered)
Plate (fob mill)
Hot rolled coil (fob mill)
Cold rolled coil (fob mill)
Hot-dip galv coil (fob mill)

Asia

China Exports $ per tonne fob main China port
Rebar
Wire rod mesh quality
Heavy plate
Hot rolled coil
Cold rolled coil
Galvaized coil 1mm

China Imports $ per tonne cfr main China port
Cold rolled coil 1mm & below
Hot dip galvanized coil

Eastern China Domestic yuan per tonne delivered warehouse
Rebar
Wire rod (mesh)
Sections
Plate
Hot rolled coil (min 2mm)
Cold rolled coil (0.5 - 2 mm)
Hot-dip galvanized coil

Southern China Domestic yuan per tonne delivered warehouse
Rebar
Wire rod (mesh)
Sections
Plate
Hot rolled coil (min 2mm)
Cold rolled coil (0.5 - 2 mm)
Hot-dip galvanized coil

Indian Exports $ per tonne fob main India port
Billet
Plate (12-40mm)
Hot rolled coil (commodity)
Hot-dip galvanized coil

Indian Imports $ per tonne fob main India port
Billet
Plate (20-60mm)
Hot rolled coil (commodity)
Hot rolled coil (CR grade)
Cold rolled
Hot-dip galvanized coil

Indian Domestic rupees per tonne ex-works
Billet
Heavy plate
Hot rolled coil
Cold rolled coil
DRI
Hot-dip galvanized coil

SteelBenchmarker Prices $/metric tonne, short ton and € per tonne

Region USA East of the Mississippi
Standard plate
Hot rolled coil
Cold rolled coil

Region Mainland China
Rebar
Standard plate
Hot rolled coil
Cold rolled coil

Ferrous Scrap

UK ferrous scrap £/tonne

Cut Grades
OA plate and structural
1&2 Old steel
12A/C/D New production heavy and shovellable steel
Bales and Cuttings
4A New steel bales
4C New steel bales
8A New loose light cuttings
8B New loose light cuttings

Turnings
7B Heavy steel turnings

Alloy Steel scrap domestic UK merchants' stainless £/tonne
18/8 turnings
18/8 solids
12-13% Cr solids
16-17% Cr solids

Germany domestic €/tonne delivered at scrapyard, Source: BDSV
No E2/8 (new steel scrap)
No E1 (old steel scrap)
No E3 (old thick steel scrap)
No E40 (shredded steel scrap)
No E5 (steel turnings)

SteelBenchmarker scrap prices prices in $/metric tonne, gross ton
Shredded scrap
No 1 heavy melting scrap
No 1 busheling scrap

LME & Exchange prices

Steel Billet cash official
Steel Billet 3 months official
Steel Billet 15 months official
Steel Billet cash unofficial
Steel Billet 3 months unofficial
Steel Billet 15 months unofficial
Steel Billet stocks

Fastmarkets MB Pricing Tools

The Fastmarkets MBArchive
Our extensive news and prices archive enables you to view both the latest carbon steel prices, as well as historical prices going back to 1997.

Fastmarkets MB Price Book
Compare and analyse up to five different price series over a selected period of time on our sophisticated price charting tool. Plus save your chosen price series and charts on your customized price book , which is automatically updated with the latest price movements and charts for you to view each time you log onto the site.