According to the prices announced in the global steel markets, scrap prices amounted to $350/ tonne, $1 down compared to last week’s prices. and iron ore prices $99/ tonne, $1 down compared to last week’s prices.
While the prices of billets ranged between 440 – 465 Dollars per tonne, while it was between 440 – 465 dollars per tonne last week, and rebar prices ranged between 520 – 580 dollars/tonne, while it was between 520 – 585 dollars per tonne last week.
The following is the steel prices statement in the global markets on 28 December 2024
