According to the prices announced in the global steel markets, scrap prices amounted to $379 / tonne, $1 less compared to last week’s prices, and iron ore prices $110 / tonne, $2 less than last week’s prices, while the prices of billets ranged between 490-530 Dollars per tonne, while it was between 500-540 dollars per tonne last week, and reinforcing steel prices ranged between 590-620 dollars/tonne, while it was between 605-640 dollars per tonne last week.
The following is the steel prices statement in the global markets on 08 July 2023