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What is the price of mild steel per kg today?

Updated: 8/11/2023
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Satishkumar382

Lvl 1
10y ago

Best Answer

Depends what form the steel is in . Round rod, flat solid bar, Angle Iron, Tube, Reinforcing rod, Thin flat sheet , or What ? Or maybe Scrap Steel .

Prices can vary enormously, especially if it is a steel alloy. You must give precise details of the actual form of the steel and also what alloy it is . Steel can contain any of the following metals to strengthen it, and it very often does. Chromium, Nickel, Carbon, Molybdenum , Vanadium, Cobalt , Silver, are just some of the alloying additives in modern steels. Putting a slab of red hot steel in a machine to roll it out to a long piece of round steel rod or Angle section, costs a lot of money and expensive machinery.

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Q: What is the price of mild steel per kg today?
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What is the best measurement to calculate steel cost?

That depends upon so many factors. Are you buying plate, sheet, structural steel? Most steel (in the US) is sold by the hundred weight, cwt. You can also buy it by the foot, square foot, pound, each, etc. Stainless steel runs about 5 times mild hot rolled steel. Cold finished, turned ground and polished bar stock also costs more, typically, than mild steel. Also, steel prices have fallen rapidly in recent months, and there is variation in price from one place to another, of course. If you want to keep your cost low you might request a commercial quality grade. If your application is more specialized, such as firebox steel for stoves, or abrasion resistant steel like T1 (A514), you can expect to pay more. A typical mild steel bar might cost around $100 per hundred pounds. You can often negotiate a better price by buying in quantity.


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