According to the prices announced in the global steel markets, scrap prices amounted to $390/ tonne, $1 down compared to last week’s prices. and iron ore prices $110/ tonne, $3 up compared to last week’s prices.
While the prices of billets ranged between 500 – 520 Dollars per tonne, while it was between 495 – 520 dollars per tonne last week, and rebar prices ranged between 575 – 590 dollars/tonne, while it was between 575 – 585 dollars per tonne last week.
The following is the
statement in the global markets on 06 July 2024