According to the prices announced in the global steel markets, scrap prices amounted to $376/ tonne, $2 up compared to last week’s prices, and iron ore prices $116/ tonne, $1 down compared to last week’s prices, while the prices of billets ranged between 475 – 510 Dollars per tonne, while it was between 465 – 505 dollars per tonne last week, and rebar prices ranged between 560 – 580 dollars/tonne, while it was between 565 – 590dollars per tonne last week.
The following is the steel prices statement in the global markets on 09 September 2023
