Steel Products Prices North America
May 4, 2020
Raw Materials Prices: Iron Ore, Coking Coal, Pig Iron, Scrap, Zinc
Written by Brett Linton
Prices of steelmaking raw materials all declined in April, reflecting the initial impact of coronavirus shutdowns and the idling of steelmaking facilities all over the world. Generally speaking, rising supplies and lower demand are likely to keep downward pressure on iron ore, coking coal, pig iron, scrap and zinc in the months to come.
Table 1 summarizes the price changes through April 30 of the five materials considered in this analysis. It reports the month/month, three months/three months and year/year changes on a percentage basis.
