According to the prices announced in the global steel markets, scrap prices amounted to $426/ tonne, $2 down compared to last week’s prices, and iron ore prices $134/ tonne, $3 down compared to last week's prices, while the prices of billets ranged between 515 – 550 Dollars per tonne, while it was between 505 – 535 dollars per tonne last week, and rebar prices ranged between 585 – 620 dollars/tonne, while it was between 585 – 610 dollars per tonne last week.
The following is the steel prices statement in the global markets on 16 December 2023
