02-12-2026 11:24 AM CET | Chemicals & Materials | Steel Wire Rod Prices
Northeast Asia Steel Wire Rod Prices Movement January 2026:
In the first month of 2026, Northeast Asia witnessed a significant surge in steel wire rod prices, reaching a peak of USD 0.5 per kilogram. This represents an 8.7% increase from the previous month. The price hike was primarily driven by a resurgence in construction activity and a surge in restocking demand following year-end inventory adjustments. The rise in raw material costs and robust domestic steel production levels further bolstered the positive price trend across the region.
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Please note: The analysis can be customized to meet the customer’s specific requirements.
Regional Analysis: We can provide an in-depth Steel Wire Rod price analysis for the following countries in the region: China, Japan, South Korea, Taiwan, North Korea.
Europe Steel Wire Rod Prices Movement January 2026:
In Europe, steel wire rod prices were recorded at USD 0.73 per kilogram in January 2026, marking a 2.7% decrease. The downward trend was largely influenced by a decrease in demand from the construction and automotive sectors. High inventory levels and moderate production rates further alleviated pricing pressure. Additionally, cautious purchasing behavior among buyers contributed to the overall weak trend.
Regional Analysis: We can provide a comprehensive Steel Wire Rod price analysis for a wide range of European countries, including Germany, France, the United Kingdom, Italy, Spain, Russia, Turkey, the Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, the Czech Republic, Portugal, and Greece, among others.
APAC Steel Wire Rod Prices Movement January 2026:
Steel Wire Rod Prices in India:
In India, the average price of steel wire rod in January 2026 was USD 0.55 per kilogram, marking a 1.8% decrease. The slight decline can be attributed to a steady domestic supply and a limited increase in infrastructure demand. Competitive pricing among local mills and stable raw material availability also contributed to a relatively balanced yet softer pricing environment.
Regional Analysis: We can provide an in-depth Steel Wire Rod price analysis for the following countries in the region: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hong Kong, Singapore, Australia, and New Zealand, among others.
North America Steel Wire Rod Prices Movement January 2026:
In North America, steel wire rod prices reached USD 1.48 per kilogram in January 2026, indicating a modest 0.7% increase. The price rise was supported by consistent demand from the construction and manufacturing sectors. Stable production output and firm energy costs contributed to maintaining higher price levels compared to other regions during the month.
Regional Analysis: We can provide an in-depth Steel Wire Rod price analysis for North America.
