According to the prices announced in the global steel markets, scrap prices amounted to $380/ tonne, $8 up compared to last week’s prices. and iron ore prices $104/ tonne, $4 up compared to last week's prices.
While the prices of billets ranged between 435 – 465 Dollars per tonne, while it was between 435 – 465 dollars per tonne last week, and rebar prices ranged between 530 – 585 dollars/tonne, while it was between 520 – 575 dollars per tonne last week.
The following is the
statement in the global markets on 15 March 2025