March 2010 | Steel Raw Materials
Iron ore, scrap prices rise: Latest Analysis
Internatinal scrap prices rose again.
- For the sixth consecutive week, MBRs Steel Raw Materials Index recorded a week-on-week increase. This weeks 1.5% rise is attributed to increases in iron ore spot prices as well as scrap price gains in all the major consuming markets.
Indeed, international scrap prices rose again this week, adding another $20-40/tonne cfr for Asian and Turkish buyers. But, finished steel...
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