According to the prices announced in the global steel markets, scrap prices amounted to $365/ tonne, $7down compared to last week’s prices. and iron ore prices $101/ tonne, $1 down compared to last week’s prices.
While the prices of billets ranged between 475 – 500 Dollars per tonne, while it was between 475 – 510 dollars per tonne last week, and rebar prices ranged between 535 –610 dollars/tonne, while it was between 570 – 620 dollars per tonne last week.
The following is the steel prices statement in the global markets on 26 October 2024
