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Written by Andre Tjaberings
on June 12, 2025

The Steel & Tube Procurement Update provides insights into the drivers of steel pricing in the current environment.

Steel markets are showing signs of stabilisation, yet the recovery remains fragile. Soft global demand, subdued construction and manufacturing sentiment continue to weigh on pricing momentum. At the same time, easing freight costs, early signs of local infrastructure investment, and improvements in manufacturing may influence demand in the months ahead.

This update examines how global dynamics are playing out across carbon and stainless steel, aluminium, zinc, nickel, and scrap — and what they mean for procurement and planning through the second half of 2025.

With the year continuing to unfold in complex and uncertain ways, we hope these insights support more confident and informed decision-making.

For the information you and your business need, explore the latest update.

Steel & Tube Procurement Update June 2025_v3 cover

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