First, we have to check if our mass balance is correct:
We calculate the mass of obtained copper:

Now, we transform our data into moles, with the respective molecular weights:


As the relation is 1:1, we can say that the limiting reactant is Fe. We calculate the theoretical mass of produced copper, based on the moles of Fe.

Now, we can say that the experiment is well performed as the theoretical mass of cupper (1.6774 g) is very similar to the obtained one (1.8078 g).
And now, we will calculate the requirement of the exercise using this theoretical form:

And we could also calculate the quantity of steel if we assume the concentration of iron at 98% again:

The answer is that we need 7 g of iron or 7.1429 g of steel.