The global iron ore market is at a turning point as quality becomes a critical focus. While steelmakers race toward cleaner production methods that require higher-grade ore, the supply side tells a different story. Declining grades and rising impurities are forcing market participants to reassess traditional benchmarks and adopt new pricing methodologies that reflect the realities of today’s traded material.

Discover how the Middle East Iron and Steel Conference 2025 addresses industry challenges, trade flows, and resource technologies.

The US prime steel scrap contracts market is undergoing a major reset as mills and suppliers renegotiate terms amid falling prices and shifting leverage. Oversupply and waning premiums are reshaping how future scrap deals are structured across North America.

The ongoing US government shutdown is reshaping the steel industry as stalled federal projects, delayed contracts and budget uncertainty ripple through domestic supply chains. With infrastructure spending on hold, producers are confronting weaker demand and rising pressure across the broader manufacturing sector.

The assessments are for MB-STE-0784 steel reinforcing bar (rebar) domestic, exw Turkey and MB-STE-0785 steel wire rod (mesh quality) domestic, exw Turkey. Previously, both assessments stated that an 18% value-added tax (VAT) was included in the assessed price. Fastmarkets wishes to clarify the specifications to show the correct figure, which is 20%, as dictated by […]

Fastmarkets has decided to implement two proposed amendments to MB-STE-0037 steel reinforcing bar (rebar) domestic, exw Italy, €/tonne and suspend one proposed amendment.

Iron ore is now the new pawn in international geopolitics, with China now pushing yuan-based payments for imported iron ore

Brazil faces growing pressure to strengthen its steel import safeguards as global trade imbalances and new EU measures reshape export and import dynamics. Rising inflows from Asia threaten domestic mills, exposing weaknesses in Brazil’s trade defenses.

Barry Zekelman discusses how the domestic steel industry remains a cornerstone of America’s national security, energy independence and technological growth.

The ferro-chrome supply chain has been reshaped in 2025 following deep production cuts in South Africa, prompting global producers to seek new sources and adapt to changing trade flows, with China’s growing chrome network partially offsetting the shortfall.