Merchant Bar Price Trend and Forecast
Get the latest insights on price movement and trend analysis of Merchant Bar in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Merchant Bar Price Trend for Q1 of 2025
In Q1 2025, the European merchant bar experienced upward price pressures, led mainly by the volatility of steel and scrap markets. Although at the start of the quarter the market was quite flat with modest movements, especially in France where merchant bar prices remained stable, wider regional trends started moving upwards because of rising input costs and pressures from outside markets.
Merchant Bar Price Chart
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Steelmakers introduced modest price hikes on long products, such as merchant bars, due to increasing scrap prices and low availability of some materials. Germany and Austria experienced significant rises in scrap prices, with high demand from steel mills and strong export business to markets such as Türkiye. Simultaneously, United States protectionism and anticipated cutbacks in European safeguard quotas injected uncertainty and cost pressures at every stage of the supply chain.
Ultimately, increased energy prices, scrap scarcity, and depleted inventories added to greater producer pressure to raise prices at the end of the quarter. In spite of comparatively sluggish building activity and continued French construction sector weakness, merchant bar prices in Europe indicated the potential for price escalation. Market players pointed to increasing hesitation by buyers to buy at higher prices, but producers held firm because of rising production costs and compressing supply conditions.
Analyst Insight
According to Procurement Resource, European merchant bar prices will stabilize over time as scrap availability continues to improve and market demand adjusts accordingly. Yet any additional regulatory developments or supply chain disruptions may affect near-term price dynamics.
Procurement Resource provides latest prices of Merchant Bar. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Merchant bar is a category of hot-rolled steel products commonly used in construction, manufacturing, and fabrication. It includes flat bars, angles, channels, and rounds, which are essential for structural support, frames, and reinforcement. Known for their strength, versatility, and ease of welding and cutting, merchant bars are widely used in infrastructure, machinery, and general engineering applications. Their durability and availability in various sizes make them a practical choice for both industrial and commercial projects requiring reliable steel components.
Report Features | Details |
Product Name | Merchant Bar |
HS Code | 7228 |
Supplier Database | ArcelorMittal S.A., Nucor Corp., Nippon Steel Corporation, Tata Steel Ltd., JSW Steel, Shagang Group Inc., Steel Authority of India Limited (SAIL) |
Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, 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 Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
Currency | US$ (Data can also be provided in local currency) |
Supplier Database Availability | Yes |
Customization Scope | The report can be customized as per the requirements of the customer |
Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Merchant bars are widely used in industrial applications due to their strength, versatility, and ease of fabrication. They are essential in the construction of machinery frames, support structures, storage racks, and equipment bases. In manufacturing, merchant bars serve as key components in the production of tools, ladders, trailers, and conveyor systems. Their use extends to infrastructure projects, including bridges and industrial buildings, where structural integrity is crucial.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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