Mexican ferrous scrap prices mixed; fewer active buyers in market

Ferrous scrap prices in Mexico edged up in the central Bajío region but were stable in the region near northern Monterrey city, with fewer buyers in the market than usual.

One scrap buyer was applying price increases of 100-200 pesos ($5-10) this week in Mexico, but most buyers either held the line on prices or were purchasing minimum volumes due to high costs.

Fastmarkets assessed the steel scrap, No1 busheling, consumer buying price, delivered mill Bajío at 10,300 pesos ($509) per tonne on Tuesday April 13, up by 100...

Published

Felipe Peroni

April 13, 2021

19:35 GMT

São Paulo