According to the prices announced in the global steel markets, scrap prices amounted to $351/ tonne, $3 up compared to last week’s prices. and iron ore prices $100/ tonne, $4 down compared  to last week’s prices.

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

The following is the steel prices statement in the global markets on 21 December 2024