In the region around the northern city of Monterrey, most scrap buyers have not made changes to their prices. But one steelmaker outside Monterrey has applied a reduction of 200 pesos ($10.49) per tonne, to follow the recent changes made by other Mexican steel producers.
Fastmarkets’ weekly assessment of the steel scrap No1 busheling, consumer buying price, delivered mill Monterrey
, was 4,300 pesos ($226) per tonne on Tuesday October 29, down from 4,380 pesos per tonne a week before.
The corresponding assessment for the steel scrap, No1 heavy melt, consumer...