According to the prices announced in the global steel markets, scrap prices amounted to $338/ tonne, $6 down compared to last week’s prices. and iron ore prices $105 / tonne, $5 up compared to last week’s prices.
While the prices of billets ranged between 445 – 475 Dollars per tonne, while it was between 455 – 485 dollars per tonne last week, and rebar prices ranged between 530 – 580 dollars/tonne, while it was between 530 – 585 dollars per tonne last week.
The following is the steel prices statement in the global markets on 30 November 2024