Ferrous scrap prices in Mexico increased further for the week ended Friday December 13, following a continued upward trend in global steel scrap prices and improved sentiment following the latest settlement in the United States.
Some steelmakers in Mexico's central Baj?-o region increased their buying prices by around 200 pesos ($10.52) per tonne late last week due to higher prices in the US, but not all sellers had applied the price changes by Friday.Fastmarkets' weekly assessment for the steel scrap, No1 busheling, consumer...