According to the prices announced in the global steel markets, scrap prices amounted to $382/ tonne, $1 up compared to last week’s prices. and iron ore prices $103/ tonne, $3 up compared to last week's prices.
While the prices of billets ranged between 440 – 475 Dollars per tonne, while it was between 445 – 475 dollars per tonne last week, and rebar prices ranged between 545 – 585 dollars/tonne, while it was between 545 – 590 dollars per tonne last week.
The following is the
statement in the global markets on 29 March 2025