Mexican steel scrap prices down again with no bottom in sight - sources

Mexican ferrous scrap prices declined further in the week to Friday June 17, with certain grades trending down for four consecutive weeks and no pricing floor in sight, according to sources.

Price reductions were widespread throughout the country, with some buyers mentioning large inventories and low demand as a reason for the adjustments.

In the country’s central Bajío region, a few...

Published

Felipe Peroni

June 21, 2022

21:37 GMT

São Paulo