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Steel prices in the fourth week of May 2022

According to the prices of the global steel markets, the scrap price reached 456$/tonne , Iron ore price was 135 $/tonne , while the prices of billets ranged between 615 and 665$/tonne, and the prices of rebar ranged between 750 and 800$ / tonne, Wire Rod ranged between 840 and 900$ / tonne.

Prices for iron and steel products in Russia and Ukraine were not obtained due to the war between them.

The following  prices of iron and steel in the global markets on 27/05/2022

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