Mexican steel scrap prices divided amid sparse increases, recovering generation

摘要

Prices for most ferrous scrap grades in Mexico’s steelmaking regions of Monterrey and Bajío logged slight increases in the week ended Friday August 16, with some sellers were reportedly receiving higher spot prices from certain consumers. In the Monterrey region, a major mill was heard to be raising prices for higher grades of scrap, including busheling, by around 300 pesos per tonne – the second increase in a row after a price rise of 200 pesos per tonne in the previous week. Sources believed the changes from this buyer were a reaction to the recent dollar volatility. But prices from most scrap consumers were unchanged over the week.