GGBFS Price Trend

Ground Granulated Blast-Furnace Slag (GGBFS) Price Trend, Index and Forecast

Track the latest insights on ground granulated blast-furnace slag (GGBFS) price trend and forecast with detailed analysis of regional fluctuations and market dynamics across North America, Latin America, Central Europe, Western Europe, Eastern Europe, Middle East, North Africa, West Africa, Central and Southern Africa, Central Asia, Southeast Asia, South Asia, East Asia, and Oceania.

Ground Granulated Blast-Furnace Slag (GGBFS) Prices Outlook Q1 2025

• USA: US$ 49.2/MT
• Vietnam: US$ 47.4/MT
• Germany: US$ 54.7/MT
• China: US$ 44.2/MT
• France: US$ 46.6/MT

Ground Granulated Blast-Furnace Slag (GGBFS) Price Chart

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During the first quarter of 2025, the ground granulated blast-furnace slag (GGBFS) prices in the USA reached 49.2 USD/MT in March. As per the ground granulated blast-furnace slag (GGBFS) price chart, steady demand, mostly from single-family home development, defined the market. Although multi-family housing was impacted by high mortgage rates, market balance was maintained by steady production and supply chains.

During the first quarter of 2025, ground granulated blast-furnace slag (GGBFS) prices in Vietnam reached 47.4 USD/MT in March. Due to strong cement output and ongoing infrastructure projects, the market experienced consistent demand. The building industry's strong demand drove price hikes despite a slight slowdown in production.

During the first quarter of 2025, the ground granulated blast-furnace slag (GGBFS) prices in Germany reached 54.7 USD/MT in March. Due to steady supply and low demand, the market saw minor price rises. Localized recovery in southern regions gave some boost, but overall economic pressures kept construction activity muted. The market's price stability was a reflection of steady supply and demand patterns.

During the first quarter of 2025, the ground granulated blast-furnace slag (GGBFS) prices in China reached 44.2 USD/MT in March. The market held consistently due to steady infrastructure development and construction projects that fueled demand. Although supply chains encountered certain difficulties, manufacturing output was sufficient to satisfy market demands.

During the first quarter of 2025, the ground granulated blast-furnace slag (GGBFS) prices in France reached 46.6 USD/MT in March. The market grew very little, mostly as a result of weak construction demand brought on by persistent economic difficulties. There were some regional variations, with the southern regions seeing small growth, but the supply stayed steady with steady production rates. The market remained stable and prices barely moved, which was indicative of the larger European economic environment.

Ground Granulated Blast-Furnace Slag (GGBFS) Prices Outlook Q4 2023

• USA: US$ 60/MT
• China: US$ 57/MT
• Germany: US$ 43/MT

The price of GGBFS in the United States for Q4 2023 reached 60 USD/MT in December. The market witnessed a fall in prices during November 2023, attributed to the high availability of GGBFS due to the operation of metal furnaces in the steel sector.

The price trend for GGBFS in China reached 57 USD/MT in December 2023. Prices remained unchanged, maintaining a balance between supply and demand. Besides this, the market saw moderate supplies and stable demand, resulting in a balanced equilibrium.

In Germany, GGBFS prices were recorded at 43 USD/MT in December Q4 2023. The market experienced price stability throughout the quarter. However, there is a minor fall in the rates from the previous quarter, reflecting the bearish sentiment and the challenges faced by the construction sector.

Regional Coverage

The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing the ground granulated blast-furnace slag (GGBFS) prices.

Global Ground Granulated Blast-Furnace Slag (GGBFS) Price Trend

The report offers a holistic view of the global ground granulated blast-furnace slag (GGBFS) pricing trends in the form of ground granulated blast-furnace slag (GGBFS) price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price levels but also provides insights into historical price of ground granulated blast-furnace slag (GGBFS), enabling stakeholders to understand past fluctuations and their underlying causes. The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed ground granulated blast-furnace slag (GGBFS) demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Ground Granulated Blast-Furnace Slag (GGBFS) Price Trend

Q1 2025:

As per the ground granulated blast-furnace slag (GGBFS) price index, localized supply chain bottlenecks restricted inventory expansion even while supply and production were steady in important sectors. Nonetheless, the industry recovered in southern Europe. Due to constant supply and constrained demand, prices in Germany rose throughout the quarter, continuing their consistent pattern.

Q4 2023:

The European region has experienced a stable and balanced ground granulated blast-furnace slag (GGBFS) demand, with no significant changes in prices. The market was influenced by several key factors, like the heightened availability of ground granulated blast-furnace slag (GGBFS) due to the continued operation of metal furnaces, driven by strong demand in the steel sector. This led to ample supplies in the market, which exceeded the moderate demand from the construction sector. The manufacturing purchasing managers index (PMI) of the region declined, indicating a downturn in economic activity.

This analysis can be extended to include detailed ground granulated blast-furnace slag (GGBFS) price information for a comprehensive list of countries.

North America Ground Granulated Blast-Furnace Slag (GGBFS) Price Trend

Q1 2025:

Despite the slower pace in the building industry, the North American GGBFS market was experiencing a stable supply and demand balance in Q1 2025. There were no notable fluctuations in stock levels since manufacturing stayed constant and supply systems ran smoothly. Despite this, the market felt cautiously optimistic, with growth potential expected after the economy stabilized. Throughout the quarter, prices increased somewhat, with only slight variations.

Q4 2023:

In North America, the ground granulated blast-furnace slag (GGBFS) market has experienced an overall stable price trend during the fourth quarter of 2023, except for a slight price breakdown in November, remaining relatively unchanged. Additionally, there was a balanced demand-supply situation, with moderate demand from the downstream construction sector and consistent supplies of the product. This equilibrium in the market contributed to price stability.

Specific ground granulated blast-furnace slag (GGBFS) historical data within the United States and Canada can also be provided.

Middle East and Africa Ground Granulated Blast-Furnace Slag (GGBFS) Price Trend

Q1 2025:

The report explores the ground granulated blast-furnace slag (GGBFS) trends and ground granulated blast-furnace slag (GGBFS) price chart in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on ground granulated blast-furnace slag (GGBFS) prices for countries can also be provided.

Asia Pacific Ground Granulated Blast-Furnace Slag (GGBFS) Price Trend

Q1 2025:

The market showed a generally stable and positive demand landscape, bolstered by ongoing infrastructure and development projects. Despite occasional difficulties in particular industries, industrial output stayed strong, guaranteeing GGBFS's ongoing supply. Although growth was restrained by seasonal variations, market activity was driven by demand from urban housing and infrastructure construction. Despite some manufacturing difficulties, high cement production and steady construction demand led to a notable increase in GGBFS pricing, especially in Vietnam.

Q4 2023:

The ground granulated blast-furnace slag (GGBFS) pricing in the Asia Pacific region was influenced by increased product availability, stable demand, and a balanced supply-demand gap. The market experienced a surplus in supply due to the high operating rates of furnaces, which led to a decline in prices. Despite this, demand remained stable, with no significant change in queries from regular buyers. However, the economic slowdown in countries like China remained a concern, affecting overall industrial activities.

This ground granulated blast-furnace slag (GGBFS) price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Ground Granulated Blast-Furnace Slag (GGBFS) Price Trend

Q1 2025:

Latin America's ground granulated blast-furnace slag (GGBFS) market is predominantly influenced by its rich natural reserves, particularly in countries like Chile and Brazil. However, political instability and inconsistent regulatory frameworks can lead to significant volatility in ground granulated blast-furnace slag (GGBFS) prices. Infrastructure challenges and logistical inefficiencies often impact the supply chain, affecting the region's ability to meet international demand consistently. Moreover, the ground granulated blast-furnace slag (GGBFS) price index, economic fluctuations, and currency devaluation are critical factors that need to be considered when analyzing ground granulated blast-furnace slag (GGBFS) pricing trends in this region.

This comprehensive review can be extended to include specific countries within the region.

Ground Granulated Blast-Furnace Slag (GGBFS) Price Trend, Market Analysis, and News

IMARC's latest publication, “Ground Granulated Blast-Furnace Slag (GGBFS) Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report ​2025​ Edition,” presents a detailed examination of the ground granulated blast-furnace slag (GGBFS) market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of ground granulated blast-furnace slag (GGBFS) at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed ground granulated blast-furnace slag (GGBFS) prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting ground granulated blast-furnace slag (GGBFS) pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.

Ground Granulated Blast-Furnace Slag (GGBFS) Industry Analysis

The global ground granulated blast-furnace slag (GGBFS) industry size reached 427.53 Million Tonnes in 2024. By 2033, IMARC Group expects the market to reach 533.92 Million Tonnes, at a projected CAGR of 2.38% during 2025-2033.

• GGBFS encounters heightened demand in construction projects owing to its robust strength, durability, and low heat of hydration. As the construction sector expands, the need for reliable and high-performance materials such as GGBFS increases to meet infrastructure demands.
• Additionally, sustainable building practices are becoming more popular, resulting in the growth of green building materials, which is further contributing to the expanding demand for GGBFS. Concurrently, growing awareness and concerns of the negative environmental effects of conventional building materials, such as Portland cement, is further boosting the demand for more environmentally friendly development techniques, thereby providing an impetus to the market growth.
• Moreover, favorable government initiatives promoting sustainable construction practices and stricter environmental regulations are fueling the utilization of GGBFS as a substitution for Portland cement. These policies incentivize the adoption of eco-friendly materials, thereby reducing energy consumption and carbon emissions in the construction industry.
• The global rise in infrastructure development projects, including roads, bridges, dams, residential buildings, and others is acting as another significant growth-inducing factor as the demand for durable and efficient construction materials like GGBFS remains consistently high.
• GGBFS’ superior attributes, such as enhanced workability, reduced absorbency, improved chemical resistance, and higher long-term strength, making it an attractive choice for modern construction projects are creating a positive outlook for market expansion.
• Besides this, the cost-effectiveness of GGBFS renders it a preferred option for cost-conscious building projects. Its lower price point, linked with its durability and performance benefits, makes it an economical choice without compromising on quality or longevity, which is further impelling the market growth.
• Furthermore, escalating awareness regarding the environmental impact of construction activities propels the shift towards sustainable building materials. As stakeholders prioritize eco-friendly options, there is a surging utilization of GGBFS, a byproduct of the steel industry, thereby aligning with efforts to reduce industrial waste and promote sustainability.
• Ongoing research and development (R&D) efforts aimed at enhancing the properties and compatibility of GGBFS with diverse concrete formulations are supporting its market expansion. These technological advancements extend its applications and improve its performance, thereby bolstering its adoption in the construction industry.

Ground Granulated Blast-Furnace Slag (GGBFS) News

The report covers the latest developments, updates, and trends impacting the global ground granulated blast-furnace slag (GGBFS) industry, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in ground granulated blast-furnace slag (GGBFS) production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the ground granulated blast-furnace slag (GGBFS) price trend.

Latest developments in the ground granulated blast-furnace slag (GGBFS) industry:

• In December 2023, Tata Steel launched Tata Dureco-a branded GGBFS made from the by-product of blast furnace slag. GGBFS has been successfully established as an alternative cementitious material in the construction industry.
• In August 2022, ECOCEM launched Superfine, a low-carbon super-high-grade GGBFS for specialist applications in Europe. Ecocem Superfine is a finer GGBFS designed to be used as a specialist additive in binders, industrial mortars, ultra-high-performance concrete (UHPC) , and precast concrete.

Product Description

Ground granulated blast-furnace slag (GGBFS) is a byproduct of iron and steel production processes. While producing iron, a molten blast furnace is rapidly cooled with water, resulting in the creation of a glassy and granular material. This material is then finely ground into a powder, resulting in ground granulated blast-furnace slag (GGBFS). It possesses cementitious properties when mixed with water, making it a valuable supplementary cementitious material in concrete production.

Ground granulated blast-furnace slag (GGBFS) finds massive applications in the construction industry, remarkably in the production of concrete. It is frequently used as a partial replacement in concrete mixtures, leading to improved workability, reduced heat evolution, and enriched long-term strength and durability.

Additionally, ground granulated blast-furnace slag (GGBFS) is employed in specialized concrete applications such as high-performance concrete, mass concrete, and marine structures, owing to its ability to mitigate alkali-silica reactions and sulfate attacks, resulting in improved resistance to aggressive surroundings.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of ground granulated blast-furnace slag (GGBFS) pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting ground granulated blast-furnace slag (GGBFS) price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The ground granulated blast-furnace slag (GGBFS) price charts ensure our clients remain at the forefront of the industry.