Mexican scrap prices little changed amid gradual economic restart

Ferrous scrap prices in Mexico remained largely sideways this week in the steelmaking regions of Monterrey and Bajio as manufacturing activity began to resume with the easing of Covid-19-related restrictions.

Fastmarkets assessed the steel scrap No1 busheling, consumer buying price, delivered mill Monterrey unchanged at 6,100 pesos ($279) per tonne on Tuesday June 9, while the steel scrap No1 heavy melt, consumer buying price, delivered mill Monterrey increased to 5,000 pesos per tonne from 4,900 pesos per tonne a week earlier.

At least one major steelmaker...

Published

Felipe Peroni

June 09, 2020

21:55 GMT

São Paulo