According to the prices announced in the global steel markets, scrap prices amounted to $340/ tonne, $7 up compared to last week’s prices. and iron ore prices $105/ tonne, $1 up compared to last week’s prices.
While the prices of billets ranged between 435 – 455 Dollars per tonne, while it was between 435 – 455 dollars per tonne last week, and rebar prices ranged between 510 – 555 dollars/tonne, while it was between 510 – 560 dollars per tonne last week.
The following is the steel prices statement in the global markets on 25 January 2025
