Methodology Contact us Login

Become a customer

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

PriceNotice_Thumbnail_490x275.jpg
Final decision on open consultation on methodology for US pig iron import assessment
Fastmarkets invited feedback from the industry on the pricing methodology for pig iron import, cfr Gulf of Mexico, US, $/tonne (MB-IRO-0004), via an open consultation process between May 4 and June 5, 2023.
June 7, 2023
 · 
Ross Yeo
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
Load More
Follow the big stories impacting the global steel market

Visit our dedicated content hubs and keep up with critical developments in steel decarbonization and the ongoing war in Ukraine

Green steel spotlight
low carbon steel. green steel metal bridge structure for support trains
Ukraine crisis and global metal markets
steep metal staircase corporate
Energy crisis spotlight
Solar panels, sustainable energy, renewable energy
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
Vehicle Scrap Yard
Methodology
Metals methodology
Find out how we assess and forecast prices for the global metals market
Learn more
How can we help?
NewGenIcon_Prices_Lt.png
Price data
Providing over 1000 proprietary steel prices and raw material prices, which we use to benchmark physical and financial contracts
November 18, 2021
NewGenIcon_News_Lt.png
News and insights
Delivered to you from reporters embedded in the steel and steelmaking raw material markets all over the world.
November 18, 2021
NewGenIcon_Forecasts_Lt.png
Forecasting and analysis
Our forecasting helps you understand supply and demand dynamics and steel price changes
November 22, 2021
NewGenIcon_RiskMgmt_Lt.png
Risk management
Manage price risk with exchange-traded derivatives.
April 14, 2022
NewGenIcon_Events_Lt.png
Events
Insights-rich, immersive experiences for current and future market participants
November 22, 2021
icon_forecasts.png
Fastmarkets platform
Commodity markets move fast. Keep up with the Fastmarkets platform
November 29, 2021

Speak to us about our products
Upcoming event
Singapore Iron Ore Forum 2023
The Fastmarkets Singapore Steel Forum is your opportunity to connect with the market and gain insights from Asia’s leading steel industry experts to help you prepare for the challenges and opportunities that lie ahead
Find out more
Singapore Iron Ore Forum part of Singapore International Ferrous Week
Talk to us

Whether you’re interested in learning how to become a customer from our sales teams or looking to get in touch with one of our reporters, we’re here for you.

Speak to our team

Why use a price reporting agency?

Navigate uncertainty and make business decisions with confidence using our price data, forecasts and critical intelligence.

Learn more

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
Proceed