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.

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Get pricing outlooks for scrap and steel raw materials, hear from US steel producers, scrap traders and more in January.
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Our monthly US steel scrap price outlook helps you to make sense of critical indicators impacting price movements, allowing you to forecast scrap prices one month ahead
The US domestic ferrous scrap trade has kicked off with higher offers across the board, but market participants indicated that negotiations have turned rocky in some regions, with some sellers holding out for bigger increases
Oman-based long products steelmaker Jindal Shadeed Iron & Steel Oman plans to invest more than $3 billion to build a green steel plant in Oman, the company said on Sunday December 4
The domestic US ferrous scrap market has been slow to develop, with resilient sellers holding out for better offers
Prices for standard pipe and mechanical tube in the United States continued to fall in November, but market participants are hoping that a recent uptick in hot-rolled coil prices will signal an end to the downturn
Brazil-based Gerdau will invest up to 1.5 billion Reais ($277 million) in solar and wind power projects by acquiring a third of energy generation and commercialization company Newave Energia, advancing its decarbonization goals, the steelmaker said on Friday November 25
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

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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Fastmarkets’ steel and base metal events provide insights-rich, immersive experiences for current and future market participants to learn, debate and network with the people that matter in their industry
Our global team of over 160 price reporters provide over 1000 proprietary steel prices and raw material prices, which we use to benchmark physical and financial contracts.
Delivered to you from reporters embedded in the steel and steelmaking raw material markets all over the world.
With an over 90% accuracy rating, our forecasting helps you understand supply and demand dynamics, steel price changes and what the future might look like for steel and steelmaking raw material markets.
Manage price risk with exchange-traded derivatives.
Connect with your peers in person and online for steel and steel raw materials market forecasts, steel price reporting and expert analysis that spans the globe. Network with some of the biggest players in the steel and steelmaking raw materials market and hear first-hand insights from global steel community experts.
We recognize the importance of being clear about our price assessment and index process. Our independently audited pricing process aligns with core IOSCO principles and we have successfully completed assurance reviews for our financial benchmarks in metals and mining, forest products and agriculture.
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