According to the prices announced in the global steel markets, scrap prices amounted to $370/ tonne, $6 up compared to last week’s prices. and iron ore prices $92/ tonne, $9 down compared  to last week’s prices.

While the prices of billets ranged between 450 – 565 Dollars per tonne, while it was between 470 – 565 dollars per tonne last week, and rebar prices ranged between 560 –590  dollars/tonne, while it was between 570 – 580  dollars per tonne last week.

The following is the steel prices statement in the global markets on 09 September  2024