US scrap prices decreased
The HMS1 scrap prices, which were $430 last Friday, decreased $10 to $420.
The US HMS ½ (80:20) scrap had closed last week at $440. Prices that started the new week stable were announced as $440.00 on April 10, 2023.
Stability continues in US pig iron and flat steel prices
At the start of the new week, the US pig iron prices remained stable at $570, the hot-rolled coil (HRC) price at $1,250.00, and the cold-rolled coil price at $1,350.00.
On the first day of the week, the US iron ore price increased
The US iron ore price increased from $119.16 to $119.75.
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