≈ $1619.14/ft
MPB estimate of net price. Starts from the best distributor list tier with an estimated net adjustment for typical shop discounts, checked against real quotes where we have them. Actual quotes vary by quantity, region, freight, processing, and account terms. See methodology.

As of September 30, 2026, the estimated net price for Steel 1045-Forged Round Bar 16" diameter is $2.27 to $2.46 per pound at distributor volume quantities.
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Material Price Book, estimated net range for Steel 1045-Forged Round Bar 16" diameter, as of September 30, 2026, https://www.materialpricebook.com/prices/steel/1045/round-bar/16
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Same material, closest dimensions. Use $/lb to compare across sizes.
| Dimensions | $/lb | $/ft |
|---|---|---|
| 16" diameterThis item | $2.36 | $1667.80 |
| 16-1/2" diameter | $2.36 | $1772.01 |
| 17" diameter | $2.36 | $1879.38 |
| 15" diameter | $2.21Lowest | $1375.33 |
| 14-1/2" diameter | $2.21 | $1286.62 |
Hot Rolled Coil (HRC) is the benchmark for raw steel prices.
Compare all 1045 Round Bar sizes, see other 1045 shapes, or browse all Steel prices.