Steel Cost Trends

Coal, coke, iron ore, ferrous scrap, electrical power, gas

Year 2006 Steelmaking Input Costs

Year/ Month	Thermal Coal $/tonne	Coking Coal $/ton	Iron Ore C/dmtu	Natural Gas $/1000m3	Steel Scrap $/tonne	Electricity C/KwH
2006 M1	46.3	90.2	77.35	275.8	185-190	5.78
2006 M2	51.1		77.35	275.8	215-220	5.98
2006 M3	53.3		77.35	275.8	210-215	5.88
2006 M4	56.7	94.2	77.35	293.0	220-225	5.93
2006 M5	56.4		77.35	293.0	240-250	6.00
2006 M6	56.1		77.35	293.0	255-260	6.41
2006 M7	56.5	93.5	77.35	302.4	250-255	6.61
2006 M8	54.6		77.35	302.4	245-250	6.65
2006 M9	50.5		77.35	302.4	230-235	6.37
2006 M10	47.2	95.4	77.35	311.4	230-245	6.16
2006 M11	49.3		77.35	311.4	230-245	6.04
2006 M12	53.3		77.35	311.4	245-250	6.00

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For information sources, product definitions and to see more recent commodity price data, see commodity prices page.

To assess the effect of a change in any principal steel cost input (scrap, iron ore, other steel raw material, energy, or labour) on the total, fixed or variable production cost of any steel product (semi-finished; or flat, long, or pipe and tube finished steel products) made through either main production process route (integrated steel manufacturing or EAF-based steelmaking), or for any similar cost benchmarking exercise, please contact our steel cost modelling economists for assistance.

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