According to the prices announced in the global steel markets, scrap prices amounted to $351/ tonne, $1 less compared to last week’s prices, and iron ore prices $105/ tonne, $5 less compared to last week’s prices, while the prices of billets ranged between 435 – 470 Dollars per tonne, while it was between 440 – 480 dollars per tonne last week, and reinforcing steel prices ranged between 555 -570 dollars/tonne, while it was between 560-570 dollars per tonne last week.
The following is the steel prices statement in the global markets on 05 August 2023
