Steel (USA) Prices

Steel (USA) prices averaged USD 930 per metric ton in April, up 0.6% from March. On 30 April, the commodity traded at USD 866 per metric ton, down 2.7% from 31 March.

Prices were broadly stable in April, following double-digit increases in February and March. April’s relative stability signals that the markets have largely adjusted to the new tariff environment; a 25% U.S. tariff on all imported steel came into force on 12 March.