Pound of Steel
$0.52
A pound of raw steel refers to bulk structural or commodity steel material, such as hot-rolled coil or rebar, used in construction and manufacturing.
Estimated value as of 2026 · Source: https://www.ryerson.com/metal-resources/metal-market-intelligence/are-steel-pric…
Fun Fact
Steel prices peaked at over $0.50/lb equivalent in 2021 due to supply chain disruptions but have since declined significantly.
Price History
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