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Steel prices in the second week of August 2022

According to the prices of the global steel markets, the scrap price reached 394$/tonne , Iron ore price was 111$/tonne , while the prices of billets ranged between 520 and 520$/tonne, and the prices of rebar ranged between 660 and 668$ / tonne, Wire Rod ranged between 700 and 730$ / tonne.

Prices for iron and steel products in Russia and Ukraine were not obtained due to the war between them.

The following  prices of iron and steel in the global markets on 12/08/2022

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