Steel news, prices and events
Get a singular view of the global steel market
The global steel and scrap industry is recovering from the wide-reaching economic impact of Covid-19 – but the story is far from over. This insights hub helps bring the global steel market into focus by giving you access to reports, events, and news shaping the steel industry and affecting historical, current and future steel prices.
The true price of green steel
Featured report
How decarbonization will squeeze steel margins and create intense competition for raw materials and scrap.
Steel market news
-
Green steel – will US buyers ultimately pay the price?
The pressure to reduce CO2 emissions is mounting for carbon-intensive industries, while scientists warn that we may be running out of time.
Read now -
INFOGRAPHIC: Green steel hotspots to watch in Europe throughout 2022
Fastmarkets has plotted the locations of the continuing and proposed projects for the decarbonization of the European steel sector.
Read now -
How China’s unwritten rules are squeezing global automakers
Chinese government policies are not always written down or announced, and some are announced very late. These unwritten rules are having a major impact on costs along the steel supply chain, with automakers, in particular, feeling the squeeze.
Read now -
US mills to profit from greener steel, Department of Energy group says
Steelmakers in the United States are poised to benefit as countries race to meet pledges to reach net-zero carbon dioxide (CO2) emissions, according to the director of the US Department of Energy’s National Energy Technology Laboratory (NETL).
Read now
-
REPORT: The American Jobs Plan and metal demand
United States President Joe Biden’s strategic jobs plan will potentially have profound effects on commodity markets and supply chains.
Read full report -
Opportunity for a scrap pricing supercycle
Could the growing demand for steel products open the doors to a scrap pricing supercycle in the next decade? The recent surge in North American ferrous scrap prices amid strong global steel markets and supply shortages...
Read now -
SSS and green steel: the US perspective
Green shoots are forming in the approach to clean steelmaking in the United States, with a new administration putting an increased emphasis on sustainability. The topic will be a key part of Fastmarkets' Steel Success Strategies conference, on June 21-24 2021.
Read now -
China stopping inspections on 5 grades of ferrous scrap
Five grades of steel scrap will no longer need to undergo customs inspections at ports in China when they are imported into the country, beginning on June 10.
Read now
More steel market news
-
REPORT: What happens to steel prices and demand in times of a global crisis?
Get your copy of this special report comparing steel prices during the financial crisis of 2008 and the Covid-19 crisis.
Read now -
REPORT: Busheling - Green future?
The CME Group and Fastmarkets have teamed up to discuss the growing pressure on steelmakers to go green.
Read full report -
Producers bring first certified green steel to the market
Find out more about ArcelorMittal's and Ovako's green steel strategies.
Read now -
REPORT: Understanding the high-grade iron ore market
Find out which market dynamics and pricing mechanisms are changing the high-grade iron ore segment in our exclusive whitepaper.
Read full report -
China's stricter steel capacity swap ratios to cool overheated raw materials markets
China’s new and stricter steel capacity swap ratios will cool the overheated steelmaking raw materials market and pave...
Read now -
REPORT: Echoes of 2008: Steel prices now and then
What happens to steel prices and demand in times of a global crisis? Our steel industry experts compare last year's global pandemic to what happened during the 2008 financial crisis.
Read full report -
Get more steel news and analysis
Don't miss our in-depth coverage of the steel markets in Asia, North America and Europe.
Explore more news
Decarbonization series
The green transition is changing global steel and raw material markets. Follow our decarbonization series for an unbiased view of developments in the green steel space
-
Green paths may be lined with US pipe, tube
Going “green” has suddenly become “cool” in boardrooms, where steel industry executives make million-dollar decisions every day - including in the domestic pipe and tube industry.
Read now -
Paying the ‘green steel’ premium in US auto industry
Steel producers and automakers in the United States are increasingly focused on tackling climate change challenges and reducing greenhouse gas (GHG) emissions, but it is not clear yet if automakers will shell out a premium for low-carbon steel.
Read now -
US construction market green enough, for now
The domestic construction industry in the United States already uses what many consider to be the greenest steel in the world, giving steel producers little incentive to invest more in green steel technologies.
Read now
-
Looking for answers on carbon reduction
The steel and metals industries are entering an age of ‘green’ transformation. We uncover what today’s environmental goals mean for industrial production and future demand.
Read now -
Steel, partners strive for net-zero energy target
The path to carbon neutrality complicates decisions for steelmakers having to balance margin stability alongside the deployment of new greener technologies.
Read now -
Solar to power CMC’s new Arizona mill
Is the switching to scrap-based electric-arc furnace (EAF) steel production enough to get the industry to net zero emissions? The answer is probably not.
Read now
Featured steel prices
More than 700 steel prices give you a singular view of the global steel market
-
-
Asia ferrous scrap prices
Discover the latest Fastmarkets steel scrap prices and market analysis, free every week.
See prices now -
Steel markets are moving fast – keep up with the Fastmarkets platform
Here's a snapshot of four key steel prices from our platform
