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, index, heavy recycled steel materials, cfr east China, $/tonne
    • Steel scrap No1 heavy melt, consumer buying price, delivered mill Houston, $/gross ton
    • Steel scrap sheared HMS 1&2 (80:20 mix), index, domestic, delivered UAE, dirhams per tonne

    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

    Steel scrap outlook: Where will the US steel market get its prime scrap?

    India’s expanding recycling sector will look to capitalize on the opportunity presented by ambitious carbon neutrality targets in the country, according to the Material Recycling Association of India (MRAI)

    Broken trade flows, inflated steel prices and the pull of decarbonization targets are changing the way US steelmakers think, plan and run their day-to-day operations. Is the US steel scrap industry coming to an end of globalization and entering a new era of domestic sovereignty?

    Nucor Corp quickly navigated panic in the pig iron market, even as it took a hardline approach and ceased all purchases from Russia at the onset of its war in Ukraine

    A shifting world energy landscape has sparked thoughts of sustainable improvement in the oil country tubular goods and line pipe marketplace, Tenaris chairman and chief executive officer Paolo Rocca said during an earnings call on Thursday April 28

    Brazil-based iron ore producer Vale and Japanese steelmaker Nippon Steel have signed a memorandum of understanding (MoU) to seek decarbonization solutions for the industry, the Brazilian company said on Tuesday April 26

    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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