MS (Mild Steel) Channel Price Trends and Forecast Report 2025 Edition

The Expert Market Research pricing report on the MS Channel provides insights into the top 10 leading trading countries and regions.

Mild-steel channel (MS Channel) prices have gone through many fluctuations throughout 2024. Geopolitical tensions, global supply and demand, market trends, and economic factors are some of the factors responsible for these fluctuations. In the first quarter of 2025, the global Mild Steel (MS) channel market experienced a mix of price stability and regional fluctuations, influenced by factors such as raw material costs, geopolitical tensions, and trade policies. Different cost structures and trade environments were observed in major markets, globally, such as North America, Asia-Pacific, and Europe.

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Meanwhile, in India, the prices of MS channels fell 5% from Q4 of 2023 to the same period in 2024. The cost of MS angles may vary in many factors such as their weight, size and grade of MS steel, which is used in their production. In 2022, the total global steel production capacity was 2,452.7 million tonnes (MT), with the largest share of 60% in Asia and China leading in it.

MS Channel Price Forecast

The graph illustrates the price trends of MS channels from January 2024 to December 2024 across various geographical regions. In the year 2024, the price lines show significant fluctuations, with several months showing price increases. However, when observing the overall trend, it is seen that prices are gradually declining. Raw materials prices are likely to rise because the price of raw materials will be rising globally due to trade policies creating disruptions in supply chains, as well as commercial uncertainties. Furthermore, the increasing need for infrastructure development will likely mean prices will continue to rise in the future. With the expansion of cities and the pace at which all infrastructure projects are being executed, demand for such materials, for example, MS angles, would continue to drive up demand and, therefore, prices.

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Global Trade and Supply Chain Implications

The global mild steel (MS) market has been significantly impacted by the ongoing Russia-Ukraine war, with supply chains and raw material availability being two of the most affected areas. Ukraine and Russia are key producers of iron ore and coking coal, two essential raw materials required for steel production. The disruption of these supply lines due to the conflict has led to challenges in sourcing these materials, affecting steel production in many regions. With global steelmakers depending on these resources, the scarcity of iron ore and coking coal has caused price increases and uncertainties in production timelines.

In addition to the raw material shortages, Russia’s role as a major supplier of several elements critical for steel production has also been severely compromised. Sanctions imposed on Russia and the trade barriers resulting from the ongoing war have restricted steelmakers' access to these important components. As a result, the cost of producing mild steel has risen, further driving up global prices. Steel manufacturers around the world have had to look for alternative sources, often at higher prices, leading to supply chain bottlenecks and an overall increase in the cost of MS products like channels.

Feedstock Analysis

Steel prices fluctuated repeatedly in mid-2024 due to regional differences in supply-demand balance and raw materials costs. Since the US government has imposed 25% tariffs on steel and aluminum, this will result in higher MS channel prices due to its steel raw material input. Besides, the Russia- Ukraine war has also impacted the supply of raw materials that is linked with the prices. These factors will also affect the demand-supply dynamics of the steel industry. Producers will transfer the tariff-induced higher steel costs to consumers through raised MS channel prices. Manufacturing and construction industries that use the MS channel may experience cost acceleration, leading to potential price increases in multiple related sectors.

Demand and Supply Outlook for MS Channel

The future of the mild steel (MS) channel looks promising, driven by the continued global demand for infrastructure investment. As the world moves toward an estimated $94 trillion in infrastructure spending by 2040, the MS channel will play a crucial role in shaping the construction landscape. With growing urbanisation, rapid development, and significant government investments in infrastructure projects, the MS channel is expected to remain a key material for structural reinforcement, framing, and support in buildings, bridges, roads, and utilities.

Furthermore, the rising focus on sustainability and eco-friendly construction practices will work in favour of the MS channel, as they are highly recyclable and contribute to reducing environmental impact. As countries address ageing infrastructure and push forward with urban expansion, the need for renovation, replacement, and new construction will fuel an increasing demand for MS angles.

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What Our Reports Include:

Historical Price Data and Analysis:

• In-depth review of prices (including feedstock) over the past 5 years.
• Visualisations and trend analysis to identify historical patterns and seasonality.

Supply and Demand Analysis:

• Detailed industry analysis of current supply and demand trends, along with projections for how these dynamics are expected to evolve during the forecast period.
• Insights from our extensive supplier and trader network, government websites, industry bodies, and global trade data.

Latest Industry News:

• Up-to-date information on recent developments and geopolitical events.
• Analysis of how these events are likely to impact future prices.

Key Macroeconomic Indicators:

• Evaluation of economic indicators such as GDP growth, inflation rates, and PMI.
• Insights into how these indicators affect prices.

Price Outlook:

• Forecasted price trend analysis for MS channel for the next 2 years using statistical modelling and fundamental & technical price analysis.
• Scenario analysis and potential price fluctuations.

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