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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    • Steel scrap cut structural/plate 5ft max, consumer buying price, delivered mill Hamilton, Canadian $/net ton
    • Steel scrap No1 heavy melt, dealer selling price, fob dealer yard Atlanta, $/gross ton
    • Steel scrap cut structural/plate 5ft max, dealer selling price, fob dealer yard Atlanta, $/gross ton

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

    Explore the latest steel price and steel industry news

    Get the latest steel and steel raw material news and analysis from our team of expert price reporters

    US steel scrap prices are experiencing historic highs — but as the market stabilizes, will the spread between busheling over shredded continue to widen beyond historical averages in 2023?

    Rebar prices have maintained historically high spreads over those of shredded scrap — the steel product’s key feedstock — in 2022 due largely to robust end-use demand, but that gap is expected to narrow in 2023, according to Fastmarkets analysts

    The United States ferrous scrap market remains depressed with some sellers no longer holding out hope that a bottom is near

    Buyers in the long steel sector cannot purchase green steel products and remain competitive unless their usage is written into legislation, sources told Fastmarkets on Friday October 7

    Brazilian iron ore producer Vale signed a memorandum of understanding (MoU) with Germany-headquartered steel group Stahl-Holding-Saar (SHS) to seek carbon-neutral steelmaking solutions, the miner said on Thursday October 6

    The premium for direct-reduced (DR) iron ore pellet for shipment in October-December has dropped, mainly on oversupply, sources said in late September

    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

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

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    Fastmarkets combines the commodity intelligence of these familiar names:

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