Mexican steel scrap prices stabilize after drop

Ferrous scrap prices in Mexico were steady for the week ended Friday July 24, with the market stabilizing after nearly a month of price reductions.

Fastmarkets’ assessment of the steel scrap No1 busheling, consumer buying price, delivered mill Monterrey was at 5,700 pesos ($258) per tonne on July 28, and the consumer buying price for steel scrap No1 heavy melt, delivered mill Monterrey was at 4,800 pesos per tonne - both unchanged from the previous week.
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Published

Felipe Peroni

July 28, 2020

20:34 GMT

São Paulo