Mexican ferrous scrap prices were little changed in the week ended Friday March 26, with most grades remaining at high levels and market participants waiting for the next developments in the United States' market.
Most market participants indicated stability in prices last week while the market digests recent price increases that particularly affected the prime grades of scrap.Fastmarkets' assessment of the steel scrap, No1 busheling, consumer buying price, delivered mill Monterrey was 10,000 pesos ($484) per tonne on March 30, unchanged from the previous week but up by 16.96% from...