According to the prices announced in the global steel markets, scrap prices amounted to $361/ tonne, $10 up compared to last week’s prices, and iron ore prices $106/ tonne, $1 up compared to last week’s prices, while the prices of billets ranged between 445 – 480 Dollars per tonne, while it was between 4 435 – 470 dollars per tonne last week, and reinforcing steel prices ranged between 550 -570 dollars/tonne, while it was between 555 -570 dollars per tonne last week.
The following is the steel prices statement in the global markets on 12 August 2023
