On October 15, 2025, at 11:20 AM CET, the Steel Wire Rod Price Index reported the price movements for the third quarter of 2025 in various regions.
In Northeast Asia, the average price of steel wire rod in September 2025 was USD 0.47/Kg, marking a 0.4% increase. This slight upward trend was backed by a steady demand from the construction and manufacturing sectors. The balance in the market was maintained by local production and efficient supply chains. Minor fluctuations in the cost of raw materials had a slight influence on the pricing, while the overall consumption remained consistent across the key industrial sectors in the region.
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In Europe, the steel wire rod prices reached USD 0.74/Kg in September 2025, reflecting a 0.3% increase. This upward movement was supported by a moderate growth in demand from the automotive and construction sectors. The balance in supply was ensured by stable imports and regional production. Energy and transportation costs had a limited impact, maintaining steady pricing trends, while the overall industrial consumption remained relatively consistent throughout the region.
In India, the average price of steel wire rod in September 2025 was USD 0.53/Kg, marking a 2.6% decline. This downward trend was due to reduced demand from construction and infrastructure projects. Domestic production was sufficient, preventing severe volatility. Fluctuating raw material costs and regional consumption patterns influenced price movements, while market activity remained moderate and supply-demand dynamics largely balanced across key industrial sectors.
In North America, the steel wire rod prices stood at USD 1.41/Kg in September 2025, marking a 0.4% increase. This slight upward movement was supported by steady demand from the construction, manufacturing, and automotive industries. Efficient domestic production and supply chains maintained the market balance.
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