According to the prices announced in the global steel markets, scrap prices amounted to $411/ tonne, $6 down compared to last week’s prices, and iron ore prices $121/ tonne, $9 down compared to lastt week’s prices.
While the prices of billets ranged between 515– 600 Dollars per tonne, while it was between 510 – 600 dollars per tonne last week, and rebar prices ranged between 570 – 620 dollars/tonne, while it was between 575– 615 dollars per tonne last week.
The following is the
statement in the global markets on 24 February 2024