Ferrous scrap prices in Mexico largely decreased in the week ended Friday April 24, with steelmakers applying reductionsfollowing lower monthly settlements in the United States' domestic scrap market.
Three major scrap buyers were said to have cut prices by 200 pesos (about $8) per tonne last week. This follows a previous round of price cuts a week earlier.Fastmarkets' assessment of the steel scrap No1 heavy melt, consumer buying price, delivered...