Ferrous scrap prices in the main Mexican domestic markets increased in the week ended Friday November 27, with some companies applying increases in order to secure supply amid low availability and steady demand.
Early last week, at least one company in the region near the northern city of Monterrey applied price increases, and afterwards some scrap sellers were able to achieve higher deals with other companies in the region, sources told Fastmarkets.Fastmarkets assessed the steel scrap, No1 busheling, consumer buying price, delivered...