Steel Products Prices North America
May 28, 2021
Raw Materials Prices: Iron Ore, Coking Coal, Pig Iron, Scrap, Zinc
Written by Brett Linton
Prices for all of the steelmaking raw materials tracked in this SMU analysis increased from April to May, with most products following large gains seen in previous months. Over the last 30 days, pig iron and coking coal prices have increased 17-19%, respectively. In that same period, prices increased for iron ore 9%, zinc 6%, scrap 5% and aluminum 2%.
Table 1 summarizes the price changes of the seven materials considered in this analysis. It reports the month/month, three months/three months and year/year changes as a percentage.
