Raw Materials Prices: Iron Ore, Coking Coal, Pig Iron, Scrap, Zinc

Strong demand in China and easing of coronavirus restrictions in various parts of the world are lending support to global raw materials prices. Ferrous scrap prices are the notable exception as supplies have increased at a greater rate then demand, sending prices for both prime and obsolete grades downward.

Table 1 summarizes the price changes through July 14 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.

Brett Linton

Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

Brett Linton

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