According to the prices announced in the global steel markets, scrap prices amounted to $360/ tonne, $5 up compared to last week’s prices. and iron ore prices $106/ tonne, unchanged compared to last week's prices.
While the prices of billets ranged between 430 – 455 Dollars per tonne, while it was between 430 – 445 dollars per tonne last week, and rebar prices ranged between 510 – 575 dollars/tonne, while it was between 510 – 570 dollars per tonne last week.
The following is the
statement in the global markets on 15 February 2025