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 unchanged compared to last week’s prices.
While the prices of billets ranged between 455 – 565 Dollars per tonne, while it was between 450 – 565 dollars per tonne last week, and rebar prices ranged between 560 –590 dollars/tonne, while it was between 560 –590 dollars per tonne last week.
The following is the steel prices statement in the global markets on 14 September 2024