Mexican ferrous scrap prices remained stable in the week ended Friday October 2, amid a downturn in market sentiment and fears among sellers that prices could fall later this month.
Fastmarkets assessed the steel scrap No1 busheling, consumer buying price, delivered mill Bajio, at 6,450 pesos ($290) per tonne on Tuesday October 6, and the corresponding steel scrap No1 heavy melt, consumer buying price, delivered mill Bajio, at 5,900 pesos per tonne - both unchanged from the previous week.The assessment for steel scrap machine shop turnings, consumer buying price, delivered mill Bajio, reached 5,400 pesos per tonne on October 6,...