According to the prices announced in the global steel markets, scrap prices amounted to $342/ tonne, $2 up compared to to last week’s prices. and iron ore prices $96/ tonne, $1 down compared to to last week’s prices
While the prices of billets ranged between 435 – 460 Dollars per tonne, while it was between 430– 455 dollars per tonne last week, and rebar prices ranged between 505– 550 dollars/tonne, while it was between 505 – 555 dollars per tonne last week.
The following is the steel prices statement in the global markets on 21 June 2025
