Steel industry long product value chain.
Steel industry value chain - long products.
Ferrous scrap, billet, rebar, sbq, stainless bar prices, 2021-2024
The production of long steel products — such as rebar, wire rod, and structural sections — involves a series of cost-intensive stages, from raw material procurement to final processing. Understanding the value chain behind these products is essential for steelmakers, traders, and investors looking to optimize costs, improve margins, and make informed strategic decisions. Price fluctuations in raw materials such as scrap, along with energy and labor costs, significantly impact the overall economics of long steel production.
At Steelonthenet.com, we provide a detailed breakdown of the value-added stages within the long steel supply chain. By analyzing these cost structures, industry professionals can benchmark production mix and identify opportunities for investment. Explore our value chain insights below to stay ahead in the dynamic world of long product manufacturing.
Charts above show the value chain in recent years for long products, starting from key steelmaking raw materials.
Recent world prices are illustrated for ferrous scrap, billet, reinforcing bar, carbon- and alloy-grade engineering steel (also known as special bar quality steel, or SBQ) and for stainless bar. Stainless steel bar prices cover round bar and rod over 80mm in diameter.
See flat product value chain or contact us about steel price spreads and / or steel pricing history for carbon or specialty steels.
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