Mexican ferrous scrap prices were little changed for the week ended Friday May 14, with buyers and sellers heard making minor adjustments and getting prices closer to an average.
Few price increases were reported in the Monterrey and Baj?-o regions, with some scrap buyers leveling their purchase prices with the market average."Demand for scrap continues [to be] very good in Mexico," a scrap dealer source said.Fastmarkets assessed the steel scrap No1 busheling, consumer buying price, delivered mill Monterrey at 10,300 pesos ($516) per tonne on Tuesday May 18, unchanged from the previous...