Mexican steel scrap prices mostly stable, with sparse increases

Mexican ferrous scrap prices had diverging trends in the week ended Friday December 3, with a few price increases heard in large volume deals.

Most buyers were successful in keeping their prices stable during the week, despite some upward pressure from sellers. But in both the Bajío and Monterrey regions, a few scrap buyers were heard returning to the market after a period of absence, and therefore placed high bids to secure material. Fastmarkets’ assessment of the steel scrap No1...

Published

Felipe Peroni

December 07, 2021

22:43 GMT

São Paulo