According to the prices announced in the global steel markets, scrap prices amounted to $390/ tonne, unchanged from last week’s prices. and iron ore prices $110/ tonne, $2 down compared to last week’s prices.
While the prices of billets ranged between 500 – 520 Dollars per tonne, while it was between 500 – 520 dollars per tonne last week, and rebar prices ranged between 580 – 600 dollars/tonne, while it was between 575 – 590 dollars per tonne last week.
The following is the steel prices statement in the global markets on 06 July 2024
