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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    • Pig iron foundry grade, Brazil, fob New Orleans, $/tonne
    • Pig iron export, fob main port Baltic Sea, CIS, $/tonne
    • Pig iron export, fob main port Black Sea, CIS, $/tonne

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    What’s happening in the steel and steel raw materials markets?

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

    An accident on the major Moselle river earlier this week has led to some steel companies based in Germany and neighbouring countries scrambling for alternative logistical solutions to complete orders and source raw materials, Fastmarkets heard on Wednesday December 11.

    Prices for imported flat-rolled steel into the US were largely stable on Wednesday November 20, with market participants reporting thin trading and long lead times deterring them from engaging in the foreign markets.

    A California federal jury has issued a $110 million anti-trust verdict against Commercial Metals Company on November 5, finding the Texas-based rebar producer liable for multiple anti-trust violations, while awarding Pacific Steel Group (PSG) millions of dollars due to lost profits and additional damages.

    Asian steel hot-rolled coil prices have had difficulty rising in recent weeks due to a number of major themes in the market, sources told Fastmarkets.

    China’s domestic and export steel hot-rolled coil prices rose on Monday October 28, reflecting a robust performance in the futures market, but the upward price movement did not translate into increased demand.

    Chinese stainless steel prices fell in the week ended Wednesday October 23 in both the domestic and export markets, in response to weak demand and lower-cost raw materials, sources told Fastmarkets

    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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