Prices for ferrous scrap in Mexico went down during the week ended Friday July 3 amid low demand and expectations of softer prices in the United States.
Prices for six of the 10 Mexican ferrous scrap grades assessed by Fastmarkets decreased on Tuesday July 7, with prices for the remaining four grades unchanged.Fastmarkets' assessment of the steel scrap No1 busheling, consumer buying price, delivered mill Monterrey dropped by 50 pesos to 5,950 pesos per tonne on Tuesday from 6,000 pesos per tonne...