According to the prices announced in the global steel markets, scrap prices amounted to $383/ tonne, $5 up compared to last week’s prices, and iron ore prices $130/ tonne, $1 up compared to last week’s prices, while the prices of billets ranged between 490 – 520 Dollars per tonne, while it was between 475 – 515 dollars per tonne last week, and rebar prices ranged between 575 – 585 dollars/tonne, while it was between 565 – 570 dollars per tonne last week.
The following is the steel prices statement in the global markets on 18 November 2023
