𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™ provides price assessments for Merchant Bar across top trading regions:
Asia Pacific
- Merchant Bar, FOB Shanghai, China
- Merchant Bar, Ex Raipur, India
North America
- Merchant Bar, Ex Alabama, USA
Europe
- Merchant Bar, FD Taranto, Italy
- Merchant Bar, Ex Iskenderun, Turkey
Note: In assessments structured as CIF [Importing Port] (Exporting Country), the country mentioned in brackets indicates the primary origin of supply (exporting country), while the named port refers to the destination port in the importing country. Other Incoterms (FOB, FD, EXW, etc.) should be interpreted in accordance with standard international trade definitions.
Merchant Bar Price Trend Q4 2025
Mixed trends have been seen in global Merchant Bar markets during Q4 of 2025 because there has been significant divergence of demand for bars from construction, fabrication and light engineering industries and the difference in supply from various regions around the world. Some markets showed signs of moderate price support due to continued activity on infrastructure projects along with some end-users (or downstream customers) restocking. Other markets faced some downward pressure in price because buyers had sufficient amounts of inventory and have been taking a conservative approach to their purchasing.
Regions that depend on imports have experienced some price volatility in response to freight costs and currency fluctuations, while markets with relatively large amounts of domestic steel production have experienced mostly stable pricing with only limited price fluctuations (e.g., small changes) during this same time period. The overall outlook for the global Merchant Bar Market continues to be relatively well balanced at the end of Q4 2025, with short-term price fluctuation and cautiously optimistic but regionally specific demand behaviour as the whole industry will continue to transition to early 2026.
China: Merchant Bar, Export prices FOB Shanghai, China; Grade – Q235 50*20mm
According to Price-Watch™ , The price trend in merchant bar across China during the 4th quarter of 2025 has lowered by 4.46% than the level seen during the 3rd quarter of 2025, reflecting a bearish market trend, as companies exercised caution regarding the economy moving forward. Demand from the construction, infrastructure and manufacturing industries has been weak throughout the year, with activity slowing as project delays accumulated, while there have been no significant reductions in production at the steel mills resulted in abundant availability of product across the domestic marketplace.
Producers maintained stable production levels, but high levels of available inventory coupled with attentive pricing strategies, put downward pressure on pricing. In addition, the merchant bar price in China continued to soften during December 2025 with limited spot purchases and limited amounts of product purchased by downstream customers as they continued to be cautious to add new inventory, and the continued lacklustre export market also put downward pressure on price movement.
India: Merchant Bar, Domestically traded prices, Ex Raipur, India; Grade – E250 BR 50*5mm
In Q4 2025, Merchant Bar price trend in India decreased by 3.29% compared to Q3 2025, reflecting a softer trend in the domestic long steel market. Market sentiment remained cautious as demand from construction, infrastructure, and small-scale fabrication sectors moderated toward the year end, prompting buyers to adopt a conservative procurement strategy amid expectations of further price adjustments. Adequate domestic supply from integrated steel mills and secondary producers kept availability comfortable, which exerted downward pressure on prices despite stable upstream production.
Fluctuations in raw material costs, particularly scrap and iron ore, offered limited support to finished steel pricing, while steady logistics operations ensured consistent material movement across regional markets. In December 2025, Merchant bar prices in India weakened further as distributors prioritized inventory clearance and balance sheet adjustments before the year end, and subdued purchasing activity from project contractors reduced spot transactions.
USA: Merchant Bar, Domestically traded prices, Ex Alabama, USA; Grade – 50*20mm
In Q4 2025, Merchant Bar price trend in the USA rose by 2.76% compared to Q3 2025, reflecting a steady upward trend supported by consistent demand from the construction, infrastructure, and manufacturing sectors. End of quarter procurement activity increased as distributors and fabricators replenished inventories ahead of early year projects, while domestic mills maintained disciplined production to balance supply with order books.
Stable raw material costs and moderate transportation expenses provided mild price pressure, with the market largely driven by domestic consumption and limited import influence. In December 2025, Merchant bar prices in the USA inched higher due to stronger restocking activity and slightly extended delivery lead times, giving mills modest leverage.
Italy: Merchant Bar, Domestically traded prices, FD Taranto, Italy; Grade – 50*20mm
In Q4 2025, Merchant Bar price trend in Italy declined by 0.27% compared to Q3 2025, reflecting a slightly softer market driven by moderate demand from construction, manufacturing, and infrastructure sectors. Procurement was steady but selective, with buyers favouring just in time orders over bulk stocking, as domestic production met most immediate needs. Ample global supply and competitive international offers applied mild downward pressure, while traders balanced inventories to maintain availability without overstocking.
End user consumption in automotive, machinery, and building applications remained stable, and limited currency fluctuations against the Euro minimized import related volatility. By December 2025, Merchant bar prices in Italy saw only minor adjustments despite seasonal demand, leaving the Merchant Bar market in Italy entering 2026 with controlled price trends and stable supply demand fundamentals.
Turkey: Merchant Bar, Domestically traded prices, Ex Iskenderun, Turkey; Grade – 50*20mm
In Q4 2025, Merchant Bar price trend in Turkey fell by 0.88% compared to Q3 2025, reflecting a mild softening amid steady demand. Domestic procurement remained routine, with buyers avoiding aggressive stockpiling as local production satisfied most immediate needs. Moderate imports and easing raw material costs contributed to the slight price drop, while end user consumption in construction, infrastructure, and manufacturing sectors stayed consistent, supporting baseline demand.
Currency stability against major trading partners limited import related volatility, and by December 2025, Merchant bar prices in Turkey subdued seasonal activity alongside sufficient material availability kept declines gradual, allowing the Merchant Bar market to enter 2026 with balanced supply demand fundamentals and stable pricing trends.




