According to the prices announced in the global steel markets, scrap prices reached $375 per tonne, the same as last week’s prices, and iron ore prices reached $108 per tonne, an increase of $5 over last week’s prices, while the steel billet squares prices ranged between 525-570 dollars per tonne, while they were between 520-560 dollars per tonne last week. Rebar prices ranged between 625 and 640 dollars per tonne, while they were between 620 and 640 dollars per tonne last week.
The following is a steel prices statement in the global markets on May 20, 2023 :
