# Raw Materials Prices: Iron Ore, Coking Coal, Pig Iron, Scrap, Zinc - Steel Market Update

> Prices of iron ore, coking coal, pig iron, scrap and zinc all rose over the month through January 22, 2020. Chinese 62% Fe iron ore reached a six-month high, with CRU's spot price at $95.30 per dry ton, up from $85.00 in late November. Chinese steel output hit a record 996.3 million tonnes in 2019.

- Date: 2020-01-27 · published 2020-01-27T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/55251-raw-materials-prices-iron-ore-coking-coal-pig-iron-scrap-zinc-steel-market
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Steel-industry raw material prices are not a direct feed or grain driver, so the link to feed buyers is indirect. Higher steel margins can shift Chinese industrial and livestock-related demand only marginally.

## Sources

- steelmarketupdate.com: https://www.steelmarketupdate.com/2020/01/27/raw-materials-prices-iron-ore-coking-coal-pig-iron-scrap-zinc-7/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.