Northeast Asia Mild Steel Prices Movement October 2025
 
In October 2025, Mild Steel Plate Prices in Northeast Asia rose to 0.52 USD/kg, marking a 1.7% increase from the previous month. The upward movement was driven by improved demand from the construction and shipbuilding sectors. Rising iron ore costs and steady infrastructure activity also contributed to the region’s price gains.

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Note: The analysis can be tailored to align with the customer's specific needs.

Regional Analysis:  The price analysis can be extended to provide detailed Mild Steel price information for the following list of countries.

China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.

Factors Affecting Mild Steel Supply and Prices – October 2025

In October 2025, the global Mild Steel market showed moderate price improvements, particularly in Asia, supported by increased construction activity and stable industrial demand. The market dynamics were influenced by fluctuations in raw material prices, energy costs, and changing demand from major end-use sectors.

1. Raw Material Price Fluctuations

The cost of key raw materials such as iron ore and coking coal played a significant role in determining mild steel prices during October 2025. Rising iron ore prices and moderate coal supply disruptions led to higher production costs for steelmakers, pushing prices upward in several regional markets.

2. Industrial and Construction Demand

Strong demand from the construction, infrastructure, and manufacturing sectors supported mild steel consumption. Government spending on infrastructure projects in Asia, coupled with ongoing industrial expansion, sustained market demand. However, slower construction activity in certain Western regions kept global price growth moderate overall.

3. Energy and Production Costs

Higher electricity and fuel prices continued to impact steelmaking costs, especially for electric arc furnace producers. These elevated input costs encouraged mills to maintain higher selling prices to safeguard margins. Energy efficiency improvements and operational optimization helped some producers manage cost inflation effectively.

4. Regional Market Index and Price Trend

The Mild Steel Price Index in October 2025 showed a stable-to-positive trend, particularly in Northeast Asia, where prices rose by around 1.7%. This increase reflected robust local demand, improved factory output, and higher input costs. Other regions witnessed relatively steady pricing with limited volatility.

5. Future Market Outlook

Looking forward, mild steel prices are expected to remain steady to slightly bullish through late 2025. Continued infrastructure development and recovery in the manufacturing sector will support demand. However, any softening in raw material costs or global economic slowdown could exert downward pressure on prices.

6. Current and Future Demand & Uses

Mild steel remains one of the most widely used materials in construction, automotive, shipbuilding, and machinery manufacturing. Its affordability, strength, and versatility ensure consistent global demand. Future growth is expected from renewable energy projects, prefabricated construction, and industrial equipment production across emerging economies.

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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
  • Spot Prices by Major Ports
  • Price Breakup
  • Price Trends by Region
  • 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, “Mild Steel Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2025 Edition,” presents a detailed analysis of Mild Steel price trend, offering key insights into global Mild Steel 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 Mild Steel 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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