Early 2026 has seen European S235JR prices firming, with hot-rolled material trading around €700-850 per tonne ex-works depending on region and volume. In contrast, import-oriented markets feel pressure from Chinese supply, keeping export offers more competitive.
Overall, structural steel prices appear to have bottomed out, with analysts pointing to sideways-to-slightly-higher movement through the year. Key drivers include tighter EU import measures, fluctuating raw material costs (especially iron ore and energy), and uneven construction recovery across Europe and Asia.
Demand from infrastructure projects and industrial building is providing some support, but weak manufacturing in certain sectors and lingering global overcapacity prevent a strong rally. Compared to 2025 lows, buyers are now seeing more stability, yet volatility remains tied to trade policies and economic sentiment.
Smart procurement tips for 2026:
Lock in contracts during softer periods if your project timeline allows. Work with suppliers offering full EN10025 certification and clear traceability to avoid quality issues. Consider bundling orders for better pricing, and factor in potential freight and tariff impacts early. Diversifying sources between European mills and qualified importers can help balance cost and lead times.
In the end, staying flexible and informed remains the best strategy. For most standard steel structure projects, S235JR continues to deliver excellent value when purchased at the right moment.
