According to the prices announced in the global steel markets, scrap prices amounted to $375/ tonne, $2 down compared to last week’s prices, and iron ore prices $123/ tonne, $2 down compared to last week’s prices, while the prices of billets ranged between 475 – 515 Dollars per tonne, while it was between 475 – 515 dollars per tonne last week, and rebar prices ranged between 565 – 585 dollars/tonne, while it was between 565 – 585 dollars per tonne last week.
The following is the steel prices statement in the global markets on 23 September 2023
