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This table presents estimated sales prices for various types of iron and steel slag in the United States, expressed in dollars per metric ton. These figures are essential for understanding the economic value and market dynamics of slag, a byproduct of iron and steel production widely used in construction, cement manufacturing, and road building. Tracking these prices helps industries and policymakers assess the competitiveness of slag as a raw material substitute, influencing decisions related to resource management, recycling, and environmental sustainability.
Analysis of the data reveals a general upward trend in the average sales prices from 2020 to 2021 across all slag types. Air-cooled blast furnace slag saw its average price increase from $9.10 to $10.40 per metric ton, while granulated blast furnace slag, used primarily as a cementitious additive, experienced a significant rise from $104.48 to $119.00 per metric ton. Steel furnace slag prices also increased, from an average of $7.05 to $8.05 per metric ton. The price ranges expanded slightly for each category, indicating some variability in market conditions or product quality. These increases may reflect growing demand for sustainable construction materials or shifts in production costs within the iron and steel industries.
| TABLE 2 | ||||||||
| ESTIMATED SALES PRICES FOR IRON AND STEEL SLAG IN THE UNITED STATES1 | ||||||||
| (Dollars per metric ton) | ||||||||
| 2020 | 2021 | |||||||
| Slag type | Range | Average | Range | Average | ||||
| Blast furnace slag: | ||||||||
| Air-cooled | 4–25 | 9.1 | 5–28 | 10.4 | ||||
| Granulated2 | 78–118 | 104.48 | 88–135 | 119 | ||||
| Steel furnace slag | 1–25 | 7.05 | 1–29 | 8.05 | ||||
1Table includes data available through November 7, 2022. Data contain a large component of estimates, and some respondents provided values only on their total sales of a slag type, not value by type of use. Thus, the value ranges shown are likely too restrictive.
2Values are for material reported for use as a cementitious additive in cement or concrete manufacture.
Source: United States Geological Survey Mineral Resources Program
See also: Iron and Steel Slag statistics | Mineral commodity prices