According to the prices announced in the global steel markets, scrap prices amounted to $370/ tonne, $4 down compared to last week’s prices, and iron ore prices $120/ tonne, unchanged compared to last week’s prices, while the prices of billets ranged between 485 – 510 Dollars per tonne, while it was between 475 – 520 dollars per tonne last week, and rebar prices ranged between 570 – 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 06 October 2023
