US HMS ½ (80:20) scrap prices increased
HMS1 scrap prices, which closed the week at $380 last Friday, remained flat in the new week.
US HMS ½ (80:20) scrap closed last week at $380. Starting the new week with an increase, prices were announced at $358 on 05.06.2023.
US pig iron and flat steel prices remain stable
US pig iron prices started the new week steady at $505, hot rolled coil (HRC) at $1,172.00 and cold rolled coil at $1,317.00.
Brazilian slab and pig iron prices are flat in the new week
Brazil's prices for slab and pig iron were revised down to $770 and $480, respectively.
Australia's coking coal prices rose
Australian coking coal prices rose from $226 to $227.
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