Mexican scrap prices mixed after US price cuts

Ferrous scrap prices in Mexico diverged in the week ended Friday January 14, with some buyers applying increases while others made efforts to reduce pricing.

Many market participants in both regions assessed by Fastmarkets saw major buyers increase their buying prices, especially for obsolete grades, by at least 300 pesos last week. Buyers were forced to...

Published

Felipe Peroni

January 18, 2022

21:23 GMT

São Paulo