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Steel and steel raw materials

Steel prices, news and analysis covering the global steel and steel raw material markets

The steel industry underpins the global economy. It intersects with other industries to a far greater degree than most commodities.

Steel’s deep entanglement with global markets exposes it to risks and opportunities from all directions – from protectionist and tariffs green tariffs to Covid-19 and supply chain disruptions. Our ferrous market experts provide global and local data-driven insights, steel prices, forecasts and market news to help you make sense of the forces that influence steel and how to respond.

What’s happening in the steel and steel raw materials markets?

Get the latest steel and steel raw material news and analysis

green steel chemical tanks or oil tanks stacked in row.
Mitsui’s move into green metallics sets tone for steel’s future in Middle East
Find out how Mitsui and Kobe Steel seek to reinforce their position in direct-reduced iron (DRI) production in the Middle East with the construction of a low-CO2 iron metallics production plant.
June 6, 2023
 · 
Norman Fong
Steel scrap - ferrous scrap - recycled steels
US Scrap Trends Outlook: June
The outlook for North American steel scrap prices has headed further into bearish territory ahead of June’s trade, with prices for all grades expected to fall again after a round of across-the-board decreases in May
May 30, 2023
 · 
Amy Hinton
Coal mineral exploitation
Metallurgical coal outlook dims even as demand dwindles in India, China
The outlook for prime hard metallurgical coal is dim, even as demand dwindles in key end user markets China and India
May 17, 2023
 · 
Paul Lim
Coal field next to field of grass
How China’s largest coal-producing province is on its way to becoming a green steel leader
Shanxi, a top coal-producing province in North China which has been struggling with high levels of air pollution – is on its way to becoming a green steel leader in the country following the steps it has taken to prepare for the energy transition and to upgrade its steel industry over the past decade
May 16, 2023
 · 
Jessica Zong
Small pieces of strong metal ore
Four key takeaways from the 27th International Iron Ore forum
Green premiums, reducing Scope 3 emissions and the quest for high-grade iron ore were among the key topics discussed at the 27th International Iron Ore forum in Stockholm
May 15, 2023
 · 
Norman Fong
iron ore site reclaimer
Ukraine has potential to become primary DRI supplier to Europe, Metinvest CEO says
Yuriy Ryzhenkov, the chief executive officer of Metinvest Group, addressed Ukraine’s role in the future of the European steel industry, indicating that the country has the potential to become a primary supplier of direct-reduced iron (DRI) to Europe, Fastmarkets heard at Made in Steel in Milano
May 15, 2023
 · 
Julia Bolotova
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Visit our dedicated content hubs and keep up with critical developments in steel decarbonization and the ongoing war in Ukraine

Green steel spotlight
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Ukraine crisis and global metal markets
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Energy crisis spotlight
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Steel prices and steel raw material prices

Steel prices and steelmaking raw material prices affect the entire supply chain. We provide more than 250 steel prices, 750 scrap prices and over 50 raw material prices, including industry benchmarks from across the globe. Our steel price coverage can help your organization to evaluate risk, optimize your purchasing strategy and make the right decision every time.

Find a steel and steel raw materials price
  • MB-IRO-0079
    Pig iron basic grade, Ukraine/Russia, fob New Orleans, $/tonne
  • MB-IRO-0012
    Iron ore 65% Fe blast furnace pellet, cfr Qingdao, $/tonne
  • MB-IRO-0144
    Iron ore 62% Fe low-alumina fines, cfr Qingdao, $/tonne
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Price data
Providing over 1000 proprietary steel prices and raw material prices, which we use to benchmark physical and financial contracts
November 18, 2021
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Delivered to you from reporters embedded in the steel and steelmaking raw material markets all over the world.
November 18, 2021
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Our forecasting helps you understand supply and demand dynamics and steel price changes
November 22, 2021
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April 14, 2022
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November 22, 2021
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November 29, 2021

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