According to the prices announced in the global steel markets, scrap prices reached $418/t, down $12 from last week. Iron ore prices were $110/t, down $9 from last week, while steel billets ranged between $545-580 per tonne, which were Between 550 - 590 dollars per tonne in the third week of April, and rebar steel prices between 650 - 690 dollars/t, which were between 650 - 700 dollars/t last week.
The following is the steel prices statement in the global markets on 22 April 2023: