According to the prices announced in the global steel markets, scrap prices amounted to $379/ tonne, $1 up compared to last week’s prices. and iron ore prices $116/ tonne, $5 down compared to last week’s prices.
While the prices of billets ranged between 490– 525 Dollars per tonne, while it was between 493– 525 dollars per tonne last week, and rebar prices ranged between 565 – 585 dollars/tonne, while it was between 565 – 590 dollars per tonne last week.
The following is the steel prices statement in the global markets on 01 June 2024
