According to the prices announced in the global steel markets, scrap prices amounted to 387 dollars / tonne, less than 1 dollar compared to last week’s prices, and iron ore prices 116 dollars / tonne, an increase of 1 dollar compared to last week’s prices, while the prices of steel Billets ranged between 515-560 dollars per tonne which were between 510 – 550 dollars per tonne last week, and the prices of rebar ranged between 613 – 640 dollars / tonne , without any change from last week’s prices.
The following is a statement of steel prices in the global markets on 17 June 2023: