Let me expand on what Jim said a bit. Steel is a heckuva lot of fun, but you need to be very careful when setting it up.
At our club we have steel human silhouette and hostage targets at the 25 yard pistol line. Looking at them from the shooting line, it is very difficult to see that they are angled down about 15 degrees, until you walk out and see the angle. New shooters often ask what the trench dug into the dirt along the front of the steel target is for: that was dug by the deflected lead splatter hitting the dirt. So, angle the targets down and pay attention to the heavy lead splatter flying off in all directions at very high speed.
Our targets are made of 3/8" AR50 armor plate and will handle up to 44Mag no problems at 25 yards. It will handle 454 and 500 as well, but we're worried about bounceback. Every once in rare a while, a shooter hits it just right and a chunk makes it back to the line, 75 feet away; obviously rifles are verboten here.
We also have some steel poppers that are set up for SD scenarios, I was shooting at these from about 7 yards this past summer with my 357 snubby. I got a chunk bounce back and poke a hole/lodge in the back of my hand (youch!). I don't do CQB with steel any more; 15 yards is about as close as I want to be when shooting at "fixed" steel targets (the poppers are hinged at the foot and only fall when hit hard at the COM or head).
We also have a setup for the different Steel Challenge stages. These are steel posts set in concrete with a plate hung "loosely" from a pin: when the bullet hits the plate, it tends to give and bounceback and splatter are greatly reduced. The posts are set with the corner towards the shooter and flats off at 45 degree angles (we restrict where people can stand due to this).
Getting armor plate is kinda difficult right now, and prices have gone way up, but if you can track some down, it shrugs off everything except AP ammo. (We use 1/2" AR50 at the 100 yard line for rifles).
There's something very satisfying about bang and clang. And don't forget to stock up on white spray paint.