According to the prices announced in the global steel markets, scrap prices amounted to $419/ tonne, $4 down compared to last week’s prices, and iron ore prices $136/ tonne, $5 up compared to last week's prices, while the prices of billets ranged between 510 – 605 Dollars per tonne, while it was between 513 – 595 dollars per tonne last week, and rebar prices ranged between 595– 625 dollars/tonne, while it was between 595– 625 dollars per tonne last week.
The following is the
statement in the global markets on 27 January 2024