Capesize

13750

May-17
450.00 3.38%

Panamax

8300

May-17
-200.00 -2.35%

Iron Ore

61.5

May-17
-0.50 -0.81%

Sing 380

292.65

Jun-17

Coking Coal

177

May-17
1.00 0.57%

Nola Urea

172

May-17
3.00 1.78%

The Steel Market


The global steel industry is facing challenges. It is undergoing a period of radical change


Recent years have seen a huge increase in spot price visibility for iron ore, steel, coking coal and freight.

There has been increased instability in prices – not just of raw materials, but finished products too.

"Global production of crude steel increased from 848m tonnes in 2000 to 1.55 bn tonnes in 2012.

"In 2012 the market had an estimated value of $924bn."

Going forward, the growing price flux will increase the margin doubt for steel mills like never before. The future of steel making and trading will require the use of risk management. And will be needed across all raw materials and finished products.

Freight Investor Services provides a complete suite of steel derivatives products, developed in response to market demand for cleared, cash-settled swaps.

Steel Market Indices