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Steel prices in the fourth week of January 2024

According to the prices announced in the global steel markets, scrap prices amounted to $419/ tonne, $4 down compared to last week’s prices, and iron ore prices $136/ tonne, $5  up compared to last week’s prices, while the prices of billets ranged between 510 – 605 Dollars per tonne, while it was between 513 – 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 27 January 2024

 

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