Industry Economics & Competitiveness

Industrial Steam Cost - Canada

Steam costs are part of the Industry Economics & Competitiveness in Canada report | Updated on June 4th, 2026

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Steam Price Chart

Steam Cost in Canada

The chart above illustrates Steam cost assessments, in US Dollar per metric ton (USD/mt), from May 2022 through May 2023, as described below:

  • Steam, MP, cash cost, on-site: Steam, Medium Pressure, Canada, cash cost, formula, on-site (typical consumer facility)
  • Steam, MP, contract price, exw: Steam, Medium Pressure, Canada, contract price, exw, formula
  • Steam, HP, cash cost, on-site: Steam, High Pressure, Canada, cash cost, formula, on-site (typical consumer facility)
  • Steam, HP, contract price, exw: Steam, High Pressure, Canada, contract price, exw, formula

Medium Pressure Steam cash cost for on-site generation in Steam across Canada reached 7.85 USD per metric ton in May 2023, representing a 17.02% decline from April 2023. Throughout the twelve-month period, on-site medium pressure steam generation costs in Canada experienced a total decrease of 60.20%. Medium Pressure Steam contract price on an ex-works basis in Steam within Canada was valued at 6.01 USD per metric ton in May 2023, marking a 21.17% reduction compared to the previous month. Over the past year, ex-works medium pressure steam contract prices in Canada have declined by 66.05% in total. High Pressure Steam cash cost for on-site generation in Steam throughout Canada was 8.37 USD per metric ton in May 2023, showing a 17.12% decrease from the preceding month. During the past twelve months, on-site high pressure steam generation costs in Canada fell by a cumulative 60.51%. High Pressure Steam contract price on an ex-works basis in Steam across Canada stood at 6.52 USD per metric ton in May 2023, reflecting a 21.55% drop from April 2023. Over the last year, ex-works high pressure steam contract prices in Canada have experienced a total decline of 66.17%.

The figures shown are illustrative and represent a historical sample from Intratec Industry Economics & Competitiveness. For up-to-date monthly competitiveness benchmarks and industrial cost data across 33 countries, subscribe to Intratec Industry Economics & Competitiveness.

Other Utility Costs

Steam is one of 10 industrial utilities priced monthly — reference data for cost analysis, project evaluation, and competitiveness studies

10 Utilities Priced Monthly

Steam, hydrogen, oxygen, nitrogen, and 6 other key process utilities.

Forward-Looking Series

Short-term forecasts on selected utilities.

10-Year Monthly History

A decade of monthly data for trend analysis and modeling.

Beyond Utility Costs

Industrial utility costs are part of the Industry Economics & Competitiveness subscription — a monthly program benchmarking commodities manufacturing competitiveness across 33 countries.

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33 Key Countries

Country-by-country monthly reports covering major industrial hubs — USA, China, Germany, Japan, Brazil, India, and more.

7 Industries Covered

Industry-specific rankings across olefins, aromatics, alcohols & organic acids, polymers, fertilizers, inorganic chemicals, and metals.

Reference Datasets

Country-level datasets for estimating individual cost items — labor, utility costs, plant construction costs, and location factors.

Monthly Updates

Fresh data every month, always reflecting the most recent period available, with short-term forecasts on selected series.

Frequently Asked Questions

Monthly Steam cost assessments for Canada are part of the Industrial Utility Costs dataset, included on Advanced and Ultimate plans. Steam sits alongside 9 other industrial utilities — steam, cooling water, compressed air, nitrogen, oxygen, carbon monoxide, demineralized water, process water, and chilled water — each tracked on the same monthly basis.

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Every month, on the 3rd business day, for Advanced and Ultimate subscribers. Each release covers the most recent period available at the time of publication.

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As a monthly PDF report, with download and print enabled on Advanced and Ultimate plans. The same data is available through the Excel Add-In, Power BI connector, and REST Web API for direct integration into spreadsheets, dashboards, or models.

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About Steam

Steam is a versatile utility widely used in process industries for heating, power generation, and driving mechanical equipment. It serves as a key energy source, transferring heat to various processes and driving turbines and compressors.