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August 28, 2025
Steelmaking raw material prices hold steady
Written by Brett Linton
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Most steelmaking raw material prices we track saw little change across the month of August. Iron ore, pig iron, shredded scrap, busheling scrap, zinc, and aluminum prices all held relatively steady, while coking coal increased 6%. Collectively, these material prices rose 1% month over month (m/m). Currently, four of the seven materials are priced higher than they were three months ago, up by an average of 11%. Prices are mixed compared to this time last year.
