US scrap prices decreased
The HMS1 scrap prices, which were $410 last Friday, decreased $10 to $410.
US HMS ½ (80:20) scrap closed last week at $425. Starting the new week with an increase, prices were announced at $427.00 on April 24, 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, hot rolled coil (HRC) at $1,260.00 and cold rolled coil at $1,392.00.
On the first day of the week, the US iron ore price increased
The US iron ore price decreased from $117.21 to $116.76.
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