Steel Rebar Price Graph: Understanding Current Trends and Forecasts
Rebar, a crucial component in construction, provides strength and stability to concrete structures. Understanding the current steel rebar price graph and its trends can help you make informed decisions for your construction projects.
Current Rebar Price Trends
As of April 2025, the price of rebar varies depending on the region and type. Here are some key price points:
Global Average Price
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The global average price for rebar is $572.50 per metric ton.
United States
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The average price for rebar in the United States is $107.50 USD per gross ton.
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Prices per linear foot vary by size and type:
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Carbon Steel Rebar: $0.40 to $1.25 per linear foot.
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Stainless Steel Rebar: $4.50 to $9.00 per linear foot.
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Galvanized Rebar: $1.20 to $1.60 per linear foot.
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Glass Fiber Reinforced Polymer (GFRP) Rebar: $0.65 to $2.50 per linear foot.
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Epoxy-Coated Rebar: $0.40 to $1.50 per linear foot.
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Canada
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The average price for rebar in Canada is $105.00 USD per net ton.
Recent Price Changes
In February 2025, Nucor and Gerdau announced a $2 per hundred pounds (equivalent to $40 per short ton) price increase for rebar. This change reflects the dynamic nature of the steel industry and the impact of market conditions on pricing.
Price Graph and Outlook
The chart below summarizes the steel rebar price trend per region, as well as the outlook.
Steel Rebar Price April 2025
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Northeast Asia: US$0.43/KG, -2.3% down.
Steel Rebar Price Outlook
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Moderate growth: A Goldman Sachs report predicts a 1.56% annual growth in its projected 11-year global steel demand, suggesting a gradual rise in rebar prices.
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Regional variances: The Asia-Pacific region (a major steel consumer) will keep its prices elevated. Also, government-funded constructions in North America and Europe to renovate their transportation systems and improve housing projects will spur market opportunities.
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Low-end estimate: Assuming a gradual price increase mirroring overall economic trends will produce an average global price of around $800-$900 per metric ton by 2030.
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High-end estimate: If unforeseen geopolitical or economic disruptions cause further cost inflation (coupled with high demand), the estimated steel rebar price will potentially reach $1,000-$1,100 per metric ton.
Conclusion
The current price of rebar varies by region, type, and size. Understanding these factors and the latest price trends can help you make informed decisions for your construction projects. Whether you’re working on a residential or commercial project, knowing the latest rebar prices will ensure you budget effectively and select the right materials for your needs.