According to the prices announced in the global steel markets, scrap prices amounted to $365/ tonne, $13 down compared to last week’s prices. and iron ore prices $98/ tonne, $5 down compared to last week's prices.
While the prices of billets ranged between 440 – 470 Dollars per tonne, while it was between 440 – 475 dollars per tonne last week, and rebar prices ranged between 545 – 585 dollars/tonne, while it was between 545 – 585 dollars per tonne last week.
The following is the
statement in the global markets on 12 April 2025