According to the prices announced in the global steel markets, scrap prices amounted to $367/ tonne, $3 down compared to last week’s prices. and iron ore prices $92/ tonne, $1 down compared  to last week’s prices.

While the prices of billets ranged between 455 – 585 Dollars per tonne, while it was between 450 – 585 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 21 September  2024