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 is deeply intertwined with other industries like automotive, construction and energy – making it subject to risks and opportunities from multiple directions. Decarbonization initiatives also have significant implications for anyone buying, selling or trading in steel markets. These risks include shifts in international competitiveness and the financial risk associated with carbon pricing and regulations. On 8 June, Fastmarkets launched a suite of green steel prices to bring clarity and support investment decisions needed to reduce emissions.

You can understand the critical forces impacting steel news and steel price movements with our reliable data-driven insights, market-reflective prices, forecasts and analysis.

Navigate the complexities of the steel industry and make informed decisions with our global coverage of steel market news, steel price developments, steel market trends, forecasts and analysis.

Our steel and steel raw materials market experts provide global and local data-driven insights combining the commodity intelligence of familiar names like Metal Bulletin, American Metal Market, Scrap Price Bulletin, Industrial Minerals and more.

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    • Flat steel reduced carbon emissions differential, exw Northern Europe, €/tonne
    • Flat steel reduced carbon emissions, daily inferred, exw Northern Europe, €/tonne
    • Iron ore spot 67.5% Fe magnetite-hematite pellet feed price differential, cfr Qingdao, $/tonne

    Understand current steel price trends and access hundreds of historical steel prices in one place

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    Learn more about how Chinese ferro-alloy smelters are planning to strengthen green production efforts in 2024

    The steel industry has long been a symbol of global economic might. But as we peer into 2024, the landscape appears more nuanced than ever

    The consumption of steel scrap in the United Arab Emirates (UAE) was expected to rise sharply in the coming years amid expansions in steelmaker capacities to feed greater steel demand

    The gloomy economic tone at the conference was compensated by the large numbers of delegates in attendance and cheerful networking. 1. Slow growth in China Slow growth in China continued to spook market participants. Those who have recently returned from trips there shared anecdotes and photographs on social media of blue skies and a lack […]

    While daily crude steel production stood at 2 million tonnes in mid-October, a 1.25% decrease from the previous year according to data published by China’s Iron and Steel Association (CISA), overall production has remained relatively firm following a strong first half of 2023. With no clear indications of a rebound in downstream steel prices in […]

    Talks between the European Union and the United States began in October 2021, where both parties announced the Global Arrangement on Sustainable Steel and Aluminium (GASSA), a partnership in which both parties would negotiate an arrangement to combat global overcapacity and climate change. The discussions would include discouraging trade in high-carbon steel and aluminum that […]

    Steel prices and steel raw material prices
    We provide over 250 steel prices, 750 scrap prices and 50 raw material prices, including industry benchmarks from across the globe

    Fastmarkets’ mission is to meet the market’s data requirements honestly and independently, acting with integrity and care to ensure that the trust and confidence placed in the reliability of our pricing methodologies is maintained.

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    Providing over 900 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

    Our forecasting helps you understand supply and demand dynamics and steel price changes

    Manage price risk with exchange-traded derivatives for the steel market

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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 • Random Lengths • FastMarkets and more

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