According to the prices announced in the global steel markets, scrap prices amounted to $324/ tonne, $24 down compared to last week’s prices. and iron ore prices $99/ tonne, $2 up compared to last week's prices.
While the prices of billets ranged between 420 – 450 Dollars per tonne, while it was between 430 – 460 dollars per tonne last week, and rebar prices ranged between 510 – 550 dollars/tonne, while it was between 515 – 565 dollars per tonne last week.
The following is the
statement in the global markets on 26 April 2025