Mexican ferrous scrap prices little changed amid recovering demand

Mexican ferrous scrap prices showed little movement in the week ended Friday July 31, with downward pressure in the steel value chain starting to ease in the country.

With the exception of one mill in the country’s central Bajío region, no major scrap price changes were announced in the Mexican market during the week. This mill lowered prices for most grades by 100 pesos per tonne. Fastmarkets' assessment of the consumer buying price for steel scrap No1 busheling, delivered mill Bajio was at 5,600 pesos per tonne...

Published

Felipe Peroni

August 04, 2020

22:04 GMT

São Paulo