According to the prices announced in the global steel markets, scrap prices reached $375/tonne, down $15 from last week. Iron ore prices reached $103 tonnes, the same price as last week, while steel squares – billets – prices ranged between $520-560/tonne, while they were Between 530-575 dollars per tonne in the past week, and rebar steel prices between 625-640 dollars per tonne, while it was between 640-650 dollars per tonne last 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 13 May 2023:
