Weak demand in the local and export market affected final steel prices. Last week, imported scrap prices were 410 USD tons per CFR. This week, it reached 415 USD/ton.
Rebar prices decreased by 10-20 USD per ton in contrast to imported scrap and amounted to 690-700 USD/ton per FOB, while wire rod prices were 720-730 USD/ton per FOB.
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