Mexican ferrous scrap prices up in Monterrey on steel demand revival

The price of ferrous scrap in Mexico’s northern Monterrey region increased in the week ended Tuesday August 13, while prices in the southern Bajío region remained stable, Fastmarkets has learned.

Fastmarkets’ assessment for steel scrap No1 busheling, consumer buying price, delivered mill Monterrey, was 4,850 pesos ($248) per tonne on August 13, up from 4,700 pesos per tonne a week before, while the assessment for steel scrap shredded auto scrap, consumer buying price, delivered mill Monterrey, went up to 4,850 pesos per tonne,...

Published

Felipe Peroni

August 13, 2019

20:20 GMT

São Paulo