According to the prices announced in the global steel markets, scrap prices amounted to $402/ tonne, $12 up compared to last week’s prices, and iron ore prices $133/ tonne, $5 down compared to last week's prices, while the prices of billets ranged between 495 – 525 Dollars per tonne, while it was between 495 – 520 dollars per tonne last week, and rebar prices ranged between 575 – 600 dollars/tonne, while it was between 580 – 590 dollars per tonne last week.
The following is the steel prices statement in the global markets on 02 December 2023
