Ferrous scrap prices in Mexico increased in the week ended Friday July 2, after being mostly stable in the previous week, amid consumers fighting to secure supply.
After a week of stability, most steelmakers in Mexico's northern Monterrey region and central Baj?-o region applied price increases to all grades due to limited material availability.Price movements were reported in a wide range, between 100 pesos and more than 1,000 pesos per tonne, depending on volumes and grades. Fastmarkets assessed the steel scrap No1 busheling, consumer buying price, delivered mill Monterrey at...