Mild Steel Plate Prices, Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data Report 2025 Edition
Mild Steel Plate Price Trend, Index and Forecast
Track real-time and historical mild steel plate prices across global regions. Updated monthly with market insights, drivers, and forecasts.
Mild Steel Plate Prices October 2025
| Region | Price (USD/Kg) | Latest Movement |
|---|---|---|
| Northeast Asia | 0.52 | 1.7% ↑ Up |
Mild Steel Plate Price Index (USD/KG):
The chart below highlights monthly mild steel plate prices across different regions.
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Market Overview Q3 Ending September 2025
Northeast Asia: Mild steel plate prices in Northeast Asia increased notably, with the keyword price index reflecting robust demand from the construction and shipbuilding industries. Improved procurement from infrastructure projects provided upward momentum, while supply constraints due to maintenance shutdowns at select mills tightened availability. Rising raw material costs, particularly in iron ore and coking coal, added further upward pressure. Export opportunities also improved, supporting local producers’ pricing power. The positive sentiment was reinforced by strong downstream demand and tighter supply dynamics.
Mild Steel Plate Price Trend, Market Analysis, and News
IMARC's latest publication, “Mild Steel Plate Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the mild steel plate market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of mild steel plate at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed mild steel plate prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting mild steel plate pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.
Mild Steel Plate Industry Analysis
The global mild steel plate industry size reached USD 101.68 Billion in 2024. By 2033, IMARC Group expects the market to reach USD 153.73 Billion, at a projected CAGR of 4.47% during 2025-2033. Growth is driven by rising demand in construction, shipbuilding, automotive, and heavy machinery sectors, along with urbanization-led infrastructure expansion and industrial manufacturing needs.
Latest developments in the Mild Steel Plate Industry:
- September 2025: The Ministry of Industry and Information Technology, China, issued the Work Plan for Stabilizing Growth in the Steel Industry (2025–2026), prioritizing equipment upgrades and low-carbon transformation. This initiative is expected to drive demand for high-quality mild steel plates in advanced structural and industrial applications.
- September 2025: Emsteel Group partnered with Danieli to launch the steel industry’s first electric process gas heater (ePGH) pilot at its DRI facilities in the UAE. This innovation, expected to cut over 2,200 tons of CO2 annually, supports decarbonization and will play a vital role in producing low-carbon mild steel plates for infrastructure and industrial applications.
- January 2024: ArcelorMittal announced a partnership with the Indian Institute of Technology Madras (IIT Madras) to collaborate with its Hyperloop technology teams, Avishkar Hyperloop and TuTr Hyperloop. The initiative aimed to develop cost-effective passenger and cargo Hyperloop technologies at scale
. - November 2023: ArcelorMittal partnered with Schneider Electric to supply XCarb recycled and renewably produced steel for Schneider’s electrical cabinets and enclosures. This agreement highlighted both companies’ focus on sustainable materials and low-carbon solutions.
Product Description
Mild steel plate is a low-carbon steel product typically containing 0.05–0.25% carbon by weight, which gives it a balance of strength, ductility, and ease of fabrication. It is widely used in structural applications due to its weldability, machinability, and cost-effectiveness. The plates are produced in various thicknesses and grades, making them suitable for construction, shipbuilding, bridges, storage tanks, pressure vessels, and general engineering purposes. Mild steel plates also exhibit good toughness and can be surface-treated for enhanced corrosion resistance, further broadening their industrial utility. Their adaptability and availability make them a fundamental material in both heavy industry and everyday manufacturing.
Report Coverage
| Key Attributes | Details |
|---|---|
| Product Name | Mild Steel Plate |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Mild Steel Plate Price Analysis, and Segment-Wise Assessment. |
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
| Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
| Information Covered for Key Suppliers |
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| Customization Scope | The report can be customized as per the requirements of the customer |
| Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
|
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
| Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of mild steel plate pricing, covering global and regional trends, spot prices at key ports, and a breakdown of ex-works, FOB, and CIF prices.
- The study examines factors affecting mild steel plate price trend, including supply-demand shifts and geopolitical impacts, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The mild steel plate price charts ensure our clients remain at the forefront of the industry.
Key Questions Answered in This Report
The mild steel plate prices in October 2025 were 0.52 USD/KG in Northeast Asia.
The mild steel plate pricing data is updated on a monthly basis.
We provide the pricing data primarily in the form of an Excel sheet and a PDF.
Yes, our report includes a forecast for mild steel plate prices.
The regions covered include North America, Europe, Asia Pacific, Middle East, and Latin America. Countries can be customized based on the request (additional charges may be applicable).
Yes, we provide both FOB and CIF prices in our report.
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