According to the prices announced in the global steel markets, scrap prices amounted to 380 dollars/tonne, 8 dollars less compared to last week. Iron ore prices reached 112 dollars/tonne, 4 dollars less. As for billet prices, they ranged between 504-513 dollars per tonne, which were between 515-560 dollars per tonne last week. Rebar prices varied between 620- 640 dollars/tonne without any changes from last week’s prices.
The following is a statement of steel prices in the global markets on 24June 2023:
