According to the prices announced in the global steel markets, scrap prices reached $380/tonne, unchanged from the previous week. Iron ore reached $112/tonne, unchanged from last week too, while billets ranged between $500-540 per tonne, which were Between 504 – 550 dollars per tonne last week, and the prices of rebar between 605 – 640 dollars/tonne, unchanged from last week’s prices.
The following is the steel prices statement in the global markets on 01 July 2023