According to the prices announced in the global steel markets, scrap prices amounted to $345/ tonne, unchanged compared to last week’s prices. and iron ore prices $98/ tonne, $1 up compared to to last week’s prices
While the prices of billets ranged between 430 – 455 Dollars per tonne, while it was between 435 – 460 dollars per tonne last week, and rebar prices ranged between 505– 545 dollars/tonne, while it was between 505 – 550 dollars per tonne last week.
The following is the steel prices statement in the global markets on 05 July 2025
