Ferrous scrap prices in Mexico's steelmaking regions of Monterrey and Baj?-o were mostly stable week on week while demand remained high, according to several sources.
Few changes were reported during the past week, with prices appearing to stabilize at currently high levels. There were reports of some buyers adjusting their prices upward for some grades in the region near the northeastern Monterrey city, but such changes were not yet widespread in the market. In the country's central Baj?-o region, most prices held steady after increases seen in the previous week.Fastmarkets assessed the steel scrap No1...