Steel Raw Materials Service

Outlooks, prices and breaking news covering the full steelmaking value chain

Comprehensive intelligence for the global steelmaking supply chain

From our traditional foothold in metallurgical coal markets, the service has evolved into broader coverage of the steel complex. Our steel raw materials coverage provides prices, daily news content, and strategic monthly analysis and forecasts for metallurgical coal, coke, iron ore, ferrous scrap, steel and green steel, as well as key ores, and alloys used in steelmaking. Our coverage enables coal and iron ore producers, steelmakers, traders, infrastructure companies, governments, and industry participants to stay informed about the most critical information affecting steel raw materials markets.

Our markets module offers daily price reporting with a focus on market-moving news, supported by strong fundamental data.
Our research module provides strategic insights and long-term outlooks based on our unique and proprietary databases.

Benefits of service:

  • Gain insights across the full spectrum of steel raw materials and finished steel products.
  • Leverage innovative green steel price assessments to support your sustainability goals and future strategies.
  • Access strategic forecasts across all major steel raw materials to plan with clarity.
  • Connect with seasoned analysts for timely answers and in-depth market interpretation.
  • Stay on top of metallurgical coal and coke markets with daily pricing and expert analysis.

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Key Features:

News: News alerts are delivered in real time, directly to your email 24/7. Designed to support trading market-moving news covering all steel raw materials commodities.

News insight: Making sense of events as they happen.
Market round-ups: Scheduled summaries of market drivers, prices, and fundamental data for key markets. These include:

  • European coil and green steel round-up
  • European heavy plate round-up
  • European long steel round-up
  • Steel raw materials daily round-up
  • Manganese end-week round-up

Daily commodity specific report: Published at the close of the Singapore day, this report delivers daily prices for metallurgical coal and iron ore. Daily market round-ups summarize key market developments of the day. Weekly assessments on a Friday cover coke, and some coal and iron ore prices. Breaking news on these markets supplements this key coverage.

  • Metallurgical Coal and Iron Ore Daily Report

Weekly commodity specific reports: Published every Friday, these individual reports include prices for ferrous scrap, steel and green steel, ores and alloys. Market round-ups summarize key market developments of the week. Breaking news on these markets throughout the week rounds out this coverage.

  • Ferrous Scrap Weekly Report
  • Steel and Green Steel Weekly Report
  • Ores & Alloys Report
  • Steel Raw Materials Weekly (published Monday)

Market briefings: Offers short- and long-term proprietary forecasts and discussions of market drivers for each of the main steel and steel raw materials markets:

  • Metallurgical coal
  • Iron ore
  • Ferrous scrap
  • Steel and green steel
  • Ores and alloys

Key datasets include:
The service provides access to global and regional datasets that allow clients to interrogate our research and data sources.

  • Coal production data
  • Coal stocks data
  • Coal, coke, and petcoke trade data
  • Australian ports weekly
  • ABS Australian monthly coal exports
  • Research data
  • Emissions data
  • Mine production data
  • Steel capacity data
  • Green steel plant data
  • LNG supply demand, and price outlook
  • Green steel outlook

McCloskey daily steel raw materials prices
We’re continually expanding our coverage across metallurgical coal, steel raw materials, and steel markets. Our pricing data for metallurgical coal and iron ore is updated daily to ensure accuracy and timeliness.

Sample of key steel raw material price markers 

Metallurgical coal

  • MCC1 Australian low-vol PHCC (FOB)
  • MCC2 Australian mid-vol PHCC (FOB)
  • MCC3 Australian second-tier HCC (FOB)
  • MCC4 China low-vol PHCC (CFR)
  • MCC5 China mid-vol PHCC (CFR)
  • MCC6 China second-tier HCC (CFR)

Metallurgical coke (weekly, key markets)

  • Coke FOB Rizhao
  • Coke FOB Indonesia
  • Coke CIF ARA 65 CSR typical, 63 rejection
  • Coke FOB Barranquilla 65 CSR typical, 63 rejection
  • Nut Coke 10x30mm Barranquilla FOB 

Iron ore

  • North China CFR iron ore (62% fines)
  • North China CFR iron ore (65% fines)

Ferrous scrap/rebar (weekly)

  • Turkey CFR ferrous scrap (HMS 80:20)
  • Turkey CFR ferrous scrap (shredded)
  • Amsterdam FOB ferrous scrap (HMS 1/2)
  • Amsterdam dock delivered ferrous scrap (HMS 1/2)
  • Japan FOB ferrous scrap (H2)
  • Turkey ex-works rebar (TRY inc VAT)
    Turkey ex-works rebar (USD exc VAT)

European Ferrous Scrap Supply Index (monthly)

  • Deep-sea scrap exporters in continental Europe, Scandinavia, and the Baltics surveyed to provide an accurate overview of scrap supply trends.

Steel and green steel prices

  • Turkey CFR billet (China)
  • Turkey CFR billet (Southeast Asia)
  • Italy CFR slab
  • Northwest Europe ex-works HRC
  • Italy ex-works HRC
  • South Europe CIF HRC
  • US Midwest ex-works HRC
  • Vietnam CFR HRC
  • Northwest Europe ex-works CRC
  • Northwest Europe ex-works HDG
  • Northwest Europe ex-works heavy plate
  • Germany delivered heavy plate (Northwest Europe)
  • Italy ex-works heavy plate
  • Turkey FOB rebar
  • Green Northwest Europe HRC premium (scopes 1-3 CO2 <0.8t)
  • Green Northwest Europe ex-works HRC (scopes 1-3)
  • Green HRC premium (scopes 1-2 CO2 <0.5t)
  • Green Northwest Europe HRC (scopes 1-2)
  • Green HRC reduced carbon price (scopes 1-3)

McCloskey ores and alloys prices: We continue to expand our coverage in ore and alloys. Our pricing data is updated twice-weekly and weekly. Key price markers include: 

  • Manganese ore
    • China CIF manganese ore lumps (43%)
    • India CIF manganese ore lumps (43%)
    • China CIF manganese ore lumps (36.5%)
    • India CIF manganese ore lumps (36.5%)
  • Silico manganese
    • India FOB silico mn (65-16)
    • India FOB silico mn (60-14)
    • India ex-works silico mn (60-14)
  • Ferro manganese
    • India FOB ferro mn (75%)
    • India ex-works ferro mn (70%)
  • Chrome ore
    • China CIF chrome ore (46-48%)
    • China CIF chrome ore (40-42%)
  • Ferro chrome
    • China CIF ferro chrome (60%)
    • Japan CIF ferro chrome (60%)
    • India ex-works ferro chrome (60%)
    • China ex-works ferro chrome (50%)
  • Ferro silicon
    • India ex-works ferro silicon (70%)
    • Bhutan FOB ferro silicon (70%)
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