According to the prices announced in the global steel markets, scrap prices amounted to $355/ tonne, $15 less compared to last week’s prices, and iron ore prices $116/ tonne, $1 less compared to last week’s prices, while the prices of billets ranged between 440 -490 Dollars per tonne, while it was between 450 -490 dollars per tonne last week, and reinforcing steel prices ranged between 570 -580 dollars/tonne, while it was between 580-590 dollars per tonne last week.
The following is the steel prices statement in the global markets on 22 July 2023