According to the prices announced in the global steel markets, scrap prices amounted to $420/ tonne, $10 up compared to last week’s prices, and iron ore prices $141/ tonne, $1 up compared to last week’s prices, while the prices of billets ranged between 505 – 590 Dollars per tonne, while it was between 505 – 590 dollars per tonne last week, and rebar prices ranged between 580– 620 dollars/tonne, while it was between 580– 610 dollars per tonne last week.
The following is the steel prices statement in the global markets on 06 January 2024