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Long Steel Prices, Demand and Supply Overview
Long steel comprises rebar, wire rod and merchant bars and sections, with rebar used here as the benchmark. It is used mainly in construction, infrastructure, wire drawing, fasteners and automotive components. China is the largest producer and consumer, followed by India, Turkey, the United States and the European Union, with Turkish mills largely based on scrap-fed electric arc furnaces.
Pricing in 2026 firmed in the spring and eased in the third quarter. Turkish rebar was USD 595 to 615 per tonne ex-works in March and USD 610 to 625 in April, while US rebar rose from USD 547 per tonne CIF in April to USD 594 in May and USD 642 in July before easing to USD 608 in August. Chinese FOB prices were USD 454 in July and USD 453 in August.
Long Steel Prices in October 2026
As of October 2026, Chinese domestic rebar of HRB400E 20 mm was quoted at about USD 496 per tonne including VAT, and prices were reported to have edged lower with a sideways outlook.
- Chinese output: Chinese crude steel output fell 3.7 percent year on year to 74.61 million tonnes in August, and production from January to August was 651.85 million tonnes, down 3.1 percent, while finished steel output fell 5.5 percent.
- European Union quotas: From July 2026 the EU steel import regime sets a total duty-free quota of 18,345,922 tonnes with a 50 percent tariff above quota, compared with 25 percent under the former safeguard, which reduces import competition for European mills.
- Indian demand: Indian TMT bar prices rose 12.6 percent month on month and 21 percent year on year in September, and finished steel consumption from April to July reached 55.95 million tonnes according to the Ministry of Steel.
- Turkish exports: Turkish rebar exports reached 479,674 tonnes in June, up 63.7 percent year on year, and 2.26 million tonnes in the first half, up 12.8 percent, after mills cited higher energy costs from the Middle East conflict in March.
Supplier news: Mills in Hubei halted two wire rod rolling lines in July owing to weak margins and maintenance, which reduced regional wire rod supply and supports prices in the short term, while sluggish construction demand and ample Chinese export capacity should keep long-term price gains limited.
Long Steel Price Forecast for 2026
Supply and demand should stay moderately tight through H2 2026, with the iron ore, scrap, and coking coal feedstock costs doing most of the work on pricing. The US and Turkey both kept the construction demand steady through H1, and that's likely to continue. India's infrastructure sector kept the demand building, while China's large production base kept it the most affordable of the four. None of the four markets we track is showing signs of genuine disruption heading into the back half of the year.
Buyers should keep an eye on both the iron ore and scrap markets specifically, since long-steel producers draw on either depending on whether their mills run blast-furnace or electric-arc-furnace routes, and each feedstock can move for somewhat different reasons. That's worth building into any longer-range planning rather than assuming current conditions will simply persist unchanged.
The construction-cycle timing matters more for this commodity than for many industrial materials, since long-steel demand tracks building starts and infrastructure-project timelines about as directly as any steel category can.
What could push prices higher? An iron ore, scrap, or coking coal feedstock spike, or a stronger-than-expected construction rebound. What could pull them lower? A slowdown in construction and infrastructure activity more broadly.
| Region | 2026 Price Range (USD/MT) | Outlook |
| Global Average | 745 - 810 | Steady infrastructure and construction demand support |
| China | 650 - 705 | Large production base keeps China most affordable |
| India | 725 - 785 | Growing infrastructure-sector demand |
| Turkey | 800 - 865 | Established scrap-based export demand |
| United States | 910 - 985 | Steady construction demand drives premium |
For the Quarter Ending June 2026
Long Steel Prices Q2 2026:
- China: USD 640/MT
- India: USD 715/MT
- Turkey: USD 789/MT
- United States: USD 896/MT
Long Steel Prices in China
China's long steel producers passed through the firmer feedstock costs this quarter, and the domestic construction demand held steady. The gain came to 1.7%, USD 629/MT to USD 640. That kept China comfortably the most affordable of the four markets.
Why did the price of Long Steel change in Q2 2026 in China?
The iron ore feedstock costs firmed through the quarter, and the domestic construction demand held its ground right alongside that.
Long Steel Prices in India
India climbed 1.7% to USD 715/MT, the infrastructure-sector demand continuing to build through the period.
Why did the price of Long Steel change in Q2 2026 in India?
The infrastructure-sector demand kept building, and that alone explains most of the move here.
Long Steel Prices in Turkey
Turkey gained 1.8% to USD 789/MT, the scrap-based export demand staying firm through the period.
Why did the price of Long Steel change in Q2 2026 in Turkey?
Turkey's premium held for the usual reason: steady scrap-based export demand backed by firming international scrap costs.
Long Steel Prices in United States
USD 896/MT. That's where the US landed in Q2, up 1.8% from USD 880 in Q1. The construction demand stayed steady, and the feedstock costs climbed just enough to push things higher.
Why did the price of Long Steel change in Q2 2026 in United States?
The construction demand didn't move much, honestly. It was the feedstock costs doing most of the work this quarter.
For the Quarter Ending March 2026
Long Steel Prices Q1 2026:
- China: USD 629/MT
- India: USD 703/MT
- Turkey: USD 775/MT
- United States: USD 880/MT
Long Steel Prices in China
China gained 1.8% to USD 629/MT, the demand firming as the year opened.
Why did the price of Long Steel change in Q1 2026 in China?
The domestic construction demand firmed as the year opened, and the feedstock costs edged higher right alongside it.
Long Steel Prices in India
Indian long steel rose 1.7% to USD 703/MT, the infrastructure demand firming with the new year.
Why did the price of Long Steel change in Q1 2026 in India?
The infrastructure-sector demand firmed with the new year, tracking the building-activity closely.
Long Steel Prices in Turkey
Turkish long steel climbed 1.8% to USD 775/MT, the scrap-based export demand staying firm through the quarter.
Why did the price of Long Steel change in Q1 2026 in Turkey?
The scrap-based export demand stayed firm, and the international scrap costs firmed alongside it.
Long Steel Prices in United States
US long steel rose 1.9% to USD 880/MT, the construction demand building through the quarter.
Why did the price of Long Steel change in Q1 2026 in United States?
The construction demand built through the quarter, tracking the building and infrastructure activity closely.
Quarterly Long Steel Price Trends
The global average climbed steadily across the window, from USD 710/MT in Q1 2025 to USD 757 by Q2 2026, a net gain of about 6.6%. Every quarter posted a gain here, reflecting the firming iron ore, scrap, and coking coal feedstock costs and the steady construction demand across every market we track, with the pace of the gains picking up somewhat in the most recent two quarters. That kind of steady, uninterrupted climb is worth noting, since it stands in contrast to how choppy some other commodities in this space have looked over the same period.
| Quarter | Price (USD/MT) | QoQ Change | Direction |
| Q2 2026 | 757 | +1.7% | ↑ Rising |
| Q1 2026 | 744 | +1.8% | ↑ Rising |
| Q4 2025 | 731 | +1.0% | ↑ Rising |
| Q3 2025 | 724 | +1.0% | ↑ Rising |
| Q2 2025 | 717 | +1.0% | ↑ Rising |
| Q1 2025 | 710 | - | - Stable |
| Q3 2026 | In Progress | - | - In Progress |
What was Long Steel Price in 2025?
2025 was a steady year for long steel. Starting near USD 710/MT in Q1, the global average finished 2025 at USD 731, a gain of about 3.0%. The construction and infrastructure demand held consistent all year across every market we track, before the pace of gains picked up further once 2026 got underway. The consistency of that pattern across all four regions makes this one of the more predictable industrial-material markets we track.
Long Steel Prices in China in 2025
Chinese prices moved from about USD 600/MT in Q1 2025 to USD 618 by Q4, up roughly 3.0%. The domestic demand held steady all year, and China stayed the most affordable of the four markets throughout.
Long Steel Prices in India in 2025
Indian prices climbed from USD 670/MT in Q1 to USD 691 by Q4, a 3.1% gain, tracking the steady infrastructure-sector demand.
Long Steel Prices in Turkey in 2025
Turkish prices rose from USD 740/MT in Q1 to USD 761 by Q4, up 2.8%, as the scrap-based export demand stayed firm through the year.
Long Steel Prices in United States in 2025
US prices moved from USD 840/MT in Q1 to USD 864 by Q4, a 2.9% gain, the highest absolute price throughout the four markets on the steady construction demand.
How We Can Help
Expert Market Research: Your Source for Real-Time Long Steel Price Intelligence
We keep a continuous eye on the long steel prices wherever it's produced or consumed at scale, tracing causation through the iron ore, scrap, and coking coal feedstock economics, the construction and infrastructure demand, and the rolling capacity utilization across rebar, wire rod, and structural sections. Our analysts track both the iron ore and scrap markets separately, given how differently each feeds into blast-furnace and electric-arc-furnace production routes. We also flag any material shift in the underlying feedstock or trade-logistics conditions as soon as it becomes apparent. Need pricing data, bespoke market analysis, or procurement advisory? Reach out to our team.
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Frequently Asked Questions About This Report
It's the essential structural material behind reinforced-concrete construction and steel-frame buildings, covering rebar, wire rod, and structural sections and beams, feeding everything from residential construction to commercial high-rises.
In Q2 2026, it averaged USD 640/MT in China, USD 715/MT in India, USD 789/MT in Turkey, and USD 896/MT in the US, still the priciest market thanks to the steady construction demand.
The global average climbed from USD 731/MT in Q4 2025 to USD 744 in Q1 2026, then on to USD 757 in Q2, up 3.6% across the half.
The iron ore, scrap, and coking coal feedstock costs firmed across every region, while the construction and infrastructure demand held steady to strong across every market tracked.
We're expecting a global average somewhere in the USD 745-810/MT range, supported by the steady infrastructure and construction demand.
The US carries the firmest premium on steady construction demand. Turkey sits close behind on established scrap-based export demand. China prices lowest on its large domestic production base.
The iron ore, scrap, and coking coal feedstock costs matter most, followed by the construction and infrastructure demand and the rolling capacity utilization.
China holds the largest production base, while India, Turkey, and the US host established producers serving their own regional construction and infrastructure industries.
Monthly, though our analysts flag any material shift in feedstock or construction-activity conditions between scheduled updates, so buyers are never working from stale figures. We also track how buyers in adjacent markets are adjusting their sourcing strategies.
The quarterly trends and forecasts help time construction-linked purchasing around the iron ore and scrap feedstock cycles. Tracking infrastructure and building-project timelines can help buyers anticipate demand shifts before they show up in spot prices. Building that habit into a quarterly procurement review tends to pay off more consistently than reacting to price moves after they have already happened.
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