U.S. GGBFS Prices 2025, Trend, Graph, Chart and Forecast
Ground Granulated Blast Furnace Slag (GGBFS) prices a crucial role in the construction and cement industries, where it is widely utilized for enhancing the durability and strength of concrete. The GGBFS market is influenced by various factors such as raw material availability, energy costs, transportation expenses, and global demand for sustainable construction materials. As a by-product of the iron and steel industry, GGBFS production heavily relies on blast furnace operations, making its supply chain sensitive to fluctuations in steel manufacturing activities. When steel production rises, the availability of slag increases, subsequently stabilizing or reducing GGBFS prices. Conversely, a decline in steel output may lead to a constrained supply, causing upward pressure on prices. The global demand for GGBFS has witnessed significant growth owing to its environmental benefits and contribution to reducing carbon footprints in construction. Countries striving to meet sustaina...