Ferrous scrap prices in Mexico remained largely sideways this week in the steelmaking regions of Monterrey and Bajio as manufacturing activity began to resume with the easing of Covid-19-related restrictions.
Fastmarkets assessed the steel scrap No1 busheling, consumer buying price, delivered mill Monterrey unchanged at 6,100 pesos ($279) per tonne on Tuesday June 9, while the steel scrap No1 heavy melt, consumer buying price, delivered mill Monterrey increased to 5,000 pesos per tonne from 4,900 pesos per tonne a week earlier.At least one major steelmaker...