Steel 1008 Round Bar Prices
Current 1008 Steel Round Bar prices by dimension, with $/lb for cross-size comparison.
1008/1010 Round Bar is currently $1.62/lb, up 2.9% over the last 7 days.
About 1008|Very low carbon steel (0.08%), almost exclusively a sheet, strip, and wire product. Extremely formable and ductile. Meant for deep drawing, stamping, and cold heading, not machining. If it ends up in your lathe, expect gummy, stringy chips and poor surface finish. The material deforms instead of shearing cleanly. Used for sheet metal enclosures, cold-headed fasteners, wire products, and any stamped part where formability is the priority. Compare to 1010 (slightly more carbon, similar applications), 1018 (actual machining stock), and CS-B (similar softness without defined chemistry).
About Round Bar|The default starting stock for lathe work. It gets turned, bored, and parted into shafts, pins, bushings, spacers, and just about anything round.
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Raw Material Market Prices
1.3%30d
Steel HRC
$1,174/short ton
$0.59/lb
Hot Rolled Coil (HRC) is the benchmark for raw steel prices.
Show additional sizes(2 products, retail pricing)
Diameter
2 items
Prices last updated July 2026
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