Global Steel Plate Prices, Trend, Index & Analysis September 2025

Northeast Asia Steel Plate Prices September 2025

In September 2025, Steel Plate prices in Northeast Asia averaged 1.66 USD/KG, registering a 4.2% increase from the previous month. The upward movement was mainly driven by strong demand from the construction and shipbuilding sectors. Additionally, higher raw material costs and supply tightness across regional mills contributed to the price rise.

Regional Analysis: The price analysis can be expanded to include detailed Steel plate price data for a wide range of Northeast Asia countries such as China, Japan, South Korea, North Korea, Mongolia & Taiwan

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Europe Steel Plate Prices September 2025

Steel plate prices in Europe stood at 3.06 USD/KG in September 2025, reflecting a slight 0.1% increase. The marginal rise was supported by stable demand from the automotive and machinery industries. However, balanced supply levels and cautious buying activity among end-users kept overall market momentum relatively moderate during the month.

Regional Analysis: The price analysis can be expanded to include detailed Steel plate price data for a wide range of European countries, such as Germany, France, the United Kingdom, Italy, Spain, Russia, Turkey, the Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, the Czech Republic, Portugal, and Greece, along with other European nations.

India Steel Plate Prices September 2025

In India, steel plate prices averaged 2.40 USD/KG in September 2025, marking a 3.6% decline. The downward trend was driven by sluggish demand from the infrastructure and construction sectors. Ample domestic production and reduced export orders further pressured prices, leading to a softer market sentiment across the Indian steel industry.

North America Steel Plate Prices September 2025

Steel plate prices in North America reached 3.24 USD/KG in September 2025, showing a 0.5% decrease. The price drop resulted from moderate demand in the industrial and manufacturing sectors. Improved inventory levels and competitive imports from overseas markets also contributed to the slight downward movement in regional prices.

Regional Analysis: The price analysis can be extended to provide detailed Steel plate price information for the following list of countries.
United States of America (USA), Canada & Mexico

Factors Affecting Steel Plate Supply and Prices (September 2025)

In September 2025, steel plate prices were influenced by fluctuations in raw material costs, production levels, and global trade activities. Iron ore and coking coal price movements directly affected manufacturing expenses, while varying energy prices added to cost volatility. Additionally, supply chain disruptions and regional policy changes impacted overall price dynamics across key markets.

Steel Plate Price Trend - September 2025

During September 2025, steel plate prices showed mixed trends globally. Strong demand from construction and shipbuilding sectors supported price growth in Asia, while Europe and North America experienced stable to slightly declining prices due to subdued manufacturing output. Overall, the market reflected a balanced sentiment amid cautious buying behavior and adequate supply levels.

Current Demand for Steel Plates (September 2025)

Current demand for steel plates remained strong, supported by the construction, automotive, and heavy machinery sectors. Infrastructure development projects in emerging economies continued to drive consumption. However, slower industrial activity in developed regions slightly reduced buying momentum. Overall, demand stability was maintained through steady use in fabrication and structural applications.

Future Demand Outlook for Steel Plates

Future demand for steel plates is expected to grow steadily due to increasing investments in infrastructure, renewable energy, and defense manufacturing. Expanding shipbuilding and oil & gas projects will also boost long-term consumption. Technological advancements in production and stronger global trade relations are projected to sustain market growth in the coming years.

Uses of Steel Plates

Steel plates are widely used in construction, automobile manufacturing, shipbuilding, and industrial equipment production. They provide structural strength and durability for bridges, buildings, and heavy machinery. Additionally, they are utilized in energy plants, offshore platforms, and defense
armor, making them essential across multiple high-performance engineering and industrial applications.

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Key Coverage:
• Market Analysis
• Market Breakup by Region
• Demand Supply Analysis by Type
• Demand Supply Analysis by Application
• Demand Supply Analysis of Raw Materials
• Price Analysis
o Spot Prices by Major Ports
o Price Breakup
o Price Trends by Region
o Factors influencing the Price Trends
• Market Drivers, Restraints, and Opportunities
• Competitive Landscape
• Recent Developments
• Global Event Analysis

How IMARC Pricing Database Can Help

The latest IMARC Group study, "Steel Plate Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2025 Edition," presents a detailed analysis of Steel Plate price trend, offering key insights into global Steel Plate market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Iso Butyric Acid demand, illustrating how consumer behaviour and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.

About Us:

IMARC Group is a global management consulting firm that provides a comprehensive suite of services to support market entry and expansion efforts. The company offers detailed market assessments, feasibility studies, regulatory approvals and licensing support, and pricing analysis, including spot pricing and regional price trends. Its expertise spans demand-supply analysis alongside regional insights covering Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa. IMARC also specializes in competitive landscape evaluations, profiling key market players, and conducting research into market drivers, restraints, and opportunities. IMARC's data-driven approach helps businesses navigate complex markets with precision and confidence.

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