According to the prices announced in the global steel markets, scrap prices reached $403/t, down by $12 from last week, and iron ore prices were $106/t, down by $4 from a week ago. However, steel squares – billets – ranged between $540-575 per tonne, while it was between 545-580 dollars per tonne last week, and the prices of rebar steel prices ranged between 670-670 dollars/tonne, while it was between 670-690 dollars/t previous week.
Some iron and steel products prices were not obtained due to the war between Russia and Ukraine.
The following is the steel prices statement in the global markets on 29 April 2023: