According to the prices announced in the global steel markets, scrap prices amounted to $381/ tonne, $1 up compared to last week’s prices. and iron ore prices $100/ tonne, $4 down compared to last week’s prices.
While the prices of billets ranged between 445 – 475 Dollars per tonne, while it was between 435 – 465 dollars per tonne last week, and rebar prices ranged between 545 – 600 dollars/tonne, while it was between 530 – 585 dollars per tonne last week.
The following is the steel prices statement in the global markets on 22 March 2025
