According to the prices announced in the global steel markets, scrap prices amounted to $333/ tonne, $11 down compared to last week’s prices. and iron ore prices $104/ tonne, $6 up compared to last week’s prices.
While the prices of billets ranged between 435 – 455 Dollars per tonne, while it was between 435 – 460 dollars per tonne last week, and rebar prices ranged between 510 – 560 dollars/tonne, while it was between 520 – 580 dollars per tonne last week.
The following is the steel prices statement in the global markets on 18 January 2025
