Green steel spotlight

Follow the low carbon steel discussion and keep up to date with the developments influencing the decarbonization of the steel industry

Global metals markets are evolving to become greener. Steelmakers worldwide are in a race to meet decarbonization goals under the growing scrutiny of the global leaders and consumers of steel products, who all have commitments to the energy transition.

In 2022, the World Economic Forum, which consists of more than 50 corporations, pledged to purchase “green” steel and lower carbon steel products, including other low carbon emitting commodities, by 2030.

As the momentum increases to decarbonize the metals industry, Fastmarkets continues to lead the way by launching our first suite of green steel prices into the European market. Our new green steel benchmarks include a green steel base price and domestic price, which were launched to help to define, measure and communicate green standards to support your decarbonization journey.

Our team of senior analysts and price reporters break down the big stories and analyze the key developments happening across green steel, global scrap and low carbon raw materials markets.

Stay connected to the latest price developments, shifting ‘green’ raw material strategies, technological advancements and market forecasts vital for decarbonizing the metals markets.

Talk to us about how our price data can help you to meet your decarbonization goals.

Discover how our suite of green steel prices can support your ‘green’ investment decisions while bringing transparency to the industry

Low carbon steel news and insights

Follow the green steel discussions and keep up to date with the developments impacting the low carbon economy

China is working toward decarbonizing its steel industry – which accounts for around 15% of total emissions from the Chinese manufacturing sector. But several market participants believe that the road to decarbonization will be a long one

Attendees of Fastmarkets’ 37th annual Steel Success Strategies conference – June 5-7 in Miami Beach, Florida – discussed an array of topics, from short-term trends to long-term ambitions to make the industry green. Here are five key takeaways

Willingness to pay for steel that advances decarbonization and sustainability goals is gaining ground, suggesting that premium pricing for green steel could be implemented and marking a turnaround from views in the recent past, according to leading service center executives

Additional premiums for low-carbon ‘green steel’ are still a niche market, but will they become the norm in the next three-to-10 years? The answer is yes, according to the expert panelists at Fastmarkets’ International Iron Ore conference in Düsseldorf, Germany, in early June

Steel producers in the United States are using optimization software to cut costs for raw materials, reduce quality issues and meet sustainability targets, according to Berk Birand, co-founder and chief executive officer of Fero Labs

The automotive industry is ready for a green steel premium, steel industry leaders said at Fastmarkets’ Steel Success Strategies conference in Miami Beach, Florida, noting that end users will have to bear that cost

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Featured low carbon steel content
Fastmarkets is dedicated to bringing more clarity to the green steel discussion to help inform your ‘green’ investment decisions
Scope 3 guide: How steel companies tackle upstream emissions

Find out how some of the top steel companies are tackling Scope 3 emissions in nine fact-filled sections

The concept of what constitutes ‘green steel’ differs far and wide. Different regions and industries have drastically different ideas of what green steel is, how to regulate it, and how to achieve it.

Fastmarkets has launched two new Green Steel prices for the European domestic market, starting Thursday June 8.

Fastmarkets combines the commodity intelligence of these familiar names:

Metal Bulletin • American Metal Market • Scrap Price Bulletin • Industrial Minerals • RISI • FOEX • The Jacobsen • Agricensus • Palm Oil Analytics • Random Lengths • Hardwood Market Report
• FastMarkets and more

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Fastmarkets combines the commodity intelligence of these familiar names:

Metal Bulletin • American Metal Market • Scrap Price Bulletin • Industrial Minerals • RISI • FOEX • The Jacobsen • Agricensus • Palm Oil Analytics • Random Lengths • Hardwood Market Report
• FastMarkets and more