According to the prices announced in the global steel markets, scrap prices amounted to $370/ tonne, $12 up compared to last week’s prices, and iron ore prices $126.5/ tonne, $5 up compared to last week’s prices, while the prices of billets ranged between 455 – 500 Dollars per tonne, while it was between 455 – 500 dollars per tonne last week, and rebar prices ranged between 545 – 560 dollars/tonne, while it was between 545 – 560 dollars per tonne last week.
The following is the steel prices statement in the global markets on 04 November 2023
