According to the prices announced in the global steel markets, scrap prices amounted to $386/ tonne, from last week’s prices. and iron ore prices $105/ tonne, $2 down compared to last week’s prices.
While the prices of billets ranged between 495 – 525 Dollars per tonne, while it was between 500 – 525 dollars per tonne last week, and rebar prices ranged between 575 – 585 dollars/tonne, while it was between 575 – 585 dollars per tonne last week.
The following is the
statement in the global markets on 22 June 2024