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    December 22, 2021

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

    Written by Brett Linton

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    Prices for three of the seven steelmaking raw materials tracked in this SMU analysis increased over the last 30 days, while three products decreased and one was unchanged. Through Dec. 21, iron ore prices rose 26% from one month prior, zinc prices increased 4%, and busheling scrap prices rose 2%. In that same time frame, aluminum prices fell 23%, coking coal prices decreased 7%, and pig iron prices declined 5%. Shredded scrap prices were flat versus November.

    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.

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