According to the prices announced in the global steel markets, scrap prices amounted to $391/ tonne, $5 up compared to last week’s prices. and iron ore prices $105/ tonne, $2 up compared to last week’s prices.
While the prices of billets ranged between 495 – 520 Dollars per tonne, while it was between 495 – 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 30 June 2024