According to the prices announced in the global steel markets, scrap prices amounted to $385/ tonne, $17 up compared to last week’s prices. and iron ore prices $110/ tonne, $8 up compared  to last week’s prices.

While the prices of billets ranged between 470 – 495 Dollars per tonne, while it was between 455 – 485 dollars per tonne last week, and rebar prices ranged between 570 –610 dollars/tonne, while it was between 560 –600 dollars per tonne last week.

The following is the steel prices statement in the global markets on 06 October 2024