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You can stay ahead of steel market trends with Fastmarkets forecasting and analysis. Feel reassured when leading price negotiations and make business decisions with confidence when you have our comprehensive resources at your fingertips. The Fastmarkets platform combines in-depth market analysis and independent monthly research; it also has over 90% forecasting accuracy year-on-year.
Consolidated market coverage: Fastmarkets is bringing together all of our steel forecasting into one service. Aligned with Fastmarkets benchmarks and rigorous forecasting methodology, our independent short-term forecasts provide the necessary tools to predict future trends in the steel market. This includes:
Short-term forecast workspaces will display price forecasts alongside price history in customizable workspaces where you can quickly navigate to relevant market commentary and in-depth analysis. PDF reports and supporting Excel spreadsheets with relevant market data from the following:
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With our independent short-term forecasts, stay ahead of the market. Leverage the insights to secure a competitive edge in the fast-paced and complex steel market.
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Trump’s first 100 days in his second term have reignited debates over the impact of tariffs on the US steel industry. While the administration claims tariffs protect American jobs and boost the economy, experts point to rising costs and uncertainties affecting businesses. From higher steel prices to strained trade relations, the effects are already being felt, leaving many questioning the future of US steel and related markets.
China’s shipbuilding sector remains strong despite proposed US tariffs, leading the industry for the 15th consecutive year in 2024 with 55.7% of global completions and 74.1% of new orders. Chinese shipyards benefit from low labor costs, efficient supply chains and competitive steel prices, offering vessels at significantly lower costs than US equivalents. High demand for materials and next-gen vessels further reinforces China’s dominance in global shipbuilding.
The US green steel market faced minimal activity in the assessment period to Wednesday April 16, with sources reporting an unwillingness among buyers to pay a premium for low carbon steel.
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