According to the prices announced in the global steel markets, scrap prices amounted to $348/ tonne, $11 up compared to last week’s prices. and iron ore prices $105 / tonne, $1 up compared  to last week’s prices.

While the prices of billets ranged between 440 – 465 Dollars per tonne, while it was between 435 – 460 dollars per tonne last week, and rebar prices ranged between  520 – 585 dollars/tonne, while it was between 520 – 575 dollars per tonne last week.

The following is the steel prices statement in the global markets on 14 December 2024