According to the prices announced in the global steel markets, scrap prices amounted to $378/ tonne, $8 up compared to last week’s prices, and iron ore prices $129/ tonne, $3 up compared to last week's prices, while the prices of billets ranged between 475 – 515 Dollars per tonne, while it was between 475 – 515 dollars per tonne last week, and rebar prices ranged between 565 – 570 dollars/tonne, while it was between 560 – 565 dollars per tonne last week.
The following is the
statement in the global markets on 11 November 2023