According to the prices announced in the global steel markets, scrap prices amounted to $386/ tonne, $4 up compared  to last week’s prices. and iron ore prices $107/ tonne, $2 down compared  to last week’s prices.

While the prices of billets ranged between 500 – 525 Dollars per tonne, while it was between 490– 525 dollars per tonne last week, and rebar  prices ranged between 575 – 585 dollars/tonne, while it was between 575 – 585 dollars per tonne last week.

The following is the steel prices statement in the global markets on 15 June 2024