According to the prices announced in the global steel markets, scrap prices amounted to $423/ tonne, $1 down compared to last week’s prices, and iron ore prices $131/ tonne, $1 down compared to last week’s prices, while the prices of billets ranged between 513 – 595 Dollars per tonne, while it was between 510 – 595 dollars per tonne last week, and rebar prices ranged between 595– 625 dollars/tonne, while it was between 595– 625 dollars per tonne last week.
The following is the steel prices statement in the global markets on 20 January 2024