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

Any bolstering effect on US ferrous scrap exports from the up-month in February’s domestic trade will be tempered in the immediate aftermath of two earthquakes in Turkey — the country’s largest importing region — on Monday, February 6
A 120-day closure of four Illinois dams scheduled for 2023 will disrupt barge shipments and have potentially both negative and positive impacts on scrap and finished steel products from Canada to Texas
Market participants are cautiously optimistic about a rebound in iron ore concentrate premiums, with steelmakers around the world set to ramp-up production in line with an anticipated increase in demand for steel products, Fastmarkets understands
Fastmarkets has corrected its MB-IRO-0010 Iron ore 63% Fe Australia-origin lump ore premium, cfr Qingdao index, which was published incorrectly on Wednesday February 1 due to a technical error.
Low supply, strong demand to spur scrap prices higher in Feb, market says
Fastmarkets has corrected its MB-COA-0005 premium hard coking coal, cfr Jingtang and MB-COA-0002 hard coking coal, cfr Jingtang indices, which were published incorrectly on Tuesday January 31 due to a technical error.
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Visit our dedicated content hubs and keep up with critical developments in steel decarbonization and the ongoing war in Ukraine

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
  • Iron ore 62% Fe low-alumina fines, cfr Qingdao, $/tonne
  • Iron ore 62% Fe fines, % Al2O3 VIU, cfr Qingdao, $/tonne
  • Pig iron export, fob main port Black Sea, CIS, $/tonne
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