According to the prices announced in the global steel markets, scrap prices amounted to $364/ tonne, $1 up compared to last week’s prices. and iron ore prices $102/ tonne, $1 up compared  to last week’s prices.

While the prices of billets ranged between 460  – 493 Dollars per tonne, while it was between 470 – 500 dollars per tonne last week, and rebar prices ranged between 530 –600 dollars/tonne, while it was between 550 – 610 dollars per tonne last week.

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