Price of Steel

Steel building pricing is more complicated than you might assume. Steel is a global commodity and that means the price of steel varies on a daily basis. Prices can be influenced by several factors, including natural disasters, the strength of the American dollar, and the general condition of the world economy.

Prices are an arithmetic average of the low transaction values identified in three regions (EU, Asia, and North America), converted into US dollars. These rates are utilised for our forecasts.

Steel transaction prices are also available for USA, Canada, China, Japan, South Korea Taiwan, Germany, France, Italy, UK, Spain, Czech Rep, and Poland in MEPS International Steel Review