According to the prices announced in the global steel markets, scrap prices amounted to $428/ tonne, $26 up compared to last week’s prices, and iron ore prices $137/ tonne, $4 up compared to last week’s prices, while the prices of billets ranged between 505 – 610 Dollars per tonne, while it was between 495 – 525 dollars per tonne last week, and rebar prices ranged between 585 – 610 dollars/tonne, while it was between 575 – 600 dollars per tonne last week.
The following is the steel prices statement in the global markets on 09 December 2023
