According to the prices announced in the global steel markets, scrap prices amounted to $376/ tonne, $14 down compared to last week’s prices, and iron ore prices $118/ tonne, $6 up compared to lastt week’s prices.
While the prices of billets ranged between 505– 570 Dollars per tonne, while it was between 505– 585 dollars per tonne last week, and rebar prices ranged between 560 – 595 dollars/tonne, while it was between 570 – 605 dollars per tonne last week.
The following is the steel prices statement in the global markets on 09 March 2024
