Mexican ferrous scrap prices up in Monterrey on steel demand revival

August 14, 2019 / www.metalbulletin.com / Article Link

The price of ferrous scrap in Mexico's northern Monterrey region increased in the week ended Tuesday August 13, while prices in the southern Baj?-o region remained stable, Fastmarkets has learned.

Fastmarkets' assessment for steel scrap No1 busheling, consumer buying price, delivered mill Monterrey, was 4,850 pesos ($248) per tonne on August 13, up from 4,700 pesos per tonne a week before, while the assessment for steel scrap shredded auto scrap, consumer buying price, delivered mill Monterrey, went up to 4,850 pesos per tonne,...

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