Section: Analysis

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

Among steelmaking raw materials, the prices of iron ore, pig iron, zinc and aluminum rose through mid-April, on top of large gains seen in previous months. Prices increased as much as 10% month-over-month for those four products. Iron ore prices have reached record levels, while coking coal prices remain down. Pig iron and scrap prices […] The post Raw Materials Prices: Iron Ore, Coking Coal, Pig Iron, Scrap, Zinc appeared first on Steel Market Update.

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

Among steelmaking raw materials, the prices of pig iron, shredded scrap, busheling scrap and aluminum rose again in March on top of large gains in previous months. Prices increased as much as 14% month-over-month for those four products. Iron ore prices are slightly down compared to levels one month prior, while coking coal prices have […] The post Raw Materials Prices: Iron Ore, Coking Coal, Pig Iron, Scrap, Zinc appeared first on Steel Market Update.

U.S. EAFs Have Head Start in Race to Go Green: CRU’s Smith

U.S. electric-arc furnace mills have a leg up on the world when it comes to meeting new carbon emissions standards–for now, said CRU Senior Analyst Ryan Smith. That’s according to a “carbon curve” Smith presented that is part of CRU Group’s Emissions Analysis Tool. The carbon curve is similar to the cost curve many steel […] The post U.S. EAFs Have Head Start in Race to Go Green: CRU’s Smith appeared first on Steel Market Update.

U.S. EAFs Have Head Start in Race to Go Green: CRU’s Smith

U.S. electric-arc furnace mills have a leg up on the world when it comes to meeting new carbon emissions standards–for now, said CRU Senior Analyst Ryan Smith. That’s according to a “carbon curve” Smith presented that is part of CRU Group’s Emissions Analysis Tool. The carbon curve is similar to the cost curve many steel […] The post U.S. EAFs Have Head Start in Race to Go Green: CRU’s Smith appeared first on Steel Market Update.

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

Among steelmaking raw materials, the prices of iron ore, pig iron and steel scrap moderated through February following large gains seen in previous months. Prices declined as much as 16% month-over-month for those three products, but remain 34-57% higher compared to three months prior and as much as 87% higher than levels one year ago. […] The post Raw Materials Prices: Iron Ore, Coking Coal, Pig Iron, Scrap, Zinc appeared first on Steel Market Update.

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

Among steelmaking raw materials, the prices of iron ore, pig iron and scrap saw large gains in January compared to months prior, up as much as 86 percent year over year. Coking coal prices, which rebounded compared to recent months, were still down 9 percent in January versus prices one year ago. Zinc prices have declined […] The post Raw Materials Prices: Iron Ore, Coking Coal, Pig Iron, Scrap, Zinc appeared first on Steel Market Update.

Life After the Internal Combustion Engine: The Effect on Aluminum

By CRU Analysis Advisor Greg Wittbecker Ford announced in February that it would be all electric in Europe by 2030. This comes on the heels of General Motors stopping production of internal combustion engines (ICE) by 2035. These decisions underscore the shifting landscape in key aluminum applications and use within automotive. Die-castings have always been […] The post Life After the Internal Combustion Engine: The Effect on Aluminum appeared first on Steel Market Update.

CRU: Too Early to Call a Commodity Supercycle

By CRU Chief Economist Jumana Saleheen and CRU Research Director Lavan Mahadeva, from CRU’s Global Economic Outlook Editor’s note: This article was originally published by the Financial Times on Feb. 19. The sharp rise in commodity prices from the depths of the COVID-19 lockdown is fueling talk of a commodities “supercycle” with the greening of the global economy replacing […] The post CRU: Too Early to Call a Commodity Supercycle appeared first on Steel Market Update.