Steel Products Prices North America
February 26, 2020
Raw Materials Prices: Iron Ore, Coking Coal, Pig Iron, Scrap, Zinc
Written by Peter Wright
Raw materials prices have been negatively impacted by the coronavirus outbreak in China.
Table 1 summarizes the price changes through Feb. 19 of the five materials considered in this analysis. It reports the month/month, 3 months/3 months and 12 months/12 months changes on a percentage basis. In the last 30 days, the prices of iron ore, scrap and zinc declined. Coking coal increased slightly and pig iron from Brazil advanced by 3.2 percent. This was a deterioration from our January update when all five materials had a positive price movement in one month and three months for the first time since we began this analysis in October 2018.
