Mexican steel scrap prices rise further as demand improves

Ferrous scrap prices in the main Mexican markets continued to improve in the week to Tuesday September 15 as a result of some buyers increasing their supply of the steelmaking raw material, market participants told Fastmarkets.

Fastmarkets assessed the steel scrap No1 busheling, consumer buying price, delivered mill Monterrey at 6,400 pesos ($302) per tonne on Tuesday, up 200 pesos from 6,200 pesos per tonne a week earlier, while the No1 heavy melt, consumer buying price, delivered mill Monterrey was stable at 5,550 pesos per...

Published

Felipe Peroni

September 15, 2020

19:19 GMT

São Paulo