According to the prices announced in the global steel markets, scrap prices reached $430/tonne, down by $8 from last week, and iron ore prices $119/tonne, down by $1 from last week, while steel billet prices ranged between $550-$590 per tonne, which were between $555-$600 per tonne in the second week of April. The rebar steel prices were $650 – $700 /tonne, however, $680 – $700 /tonne last week.
The following is the iron prices statement in the global markets on 15 April 2023:
