SteelOrbis has learned that the current price for Mexican domestic shredded scrap is now at MXN 8,700/mt ($487/mt), compared to MXN 8,250/mt ($461/mt) last week.
Additionally, HMS I/II scrap prices are now being heard at MXN 7,450/mt ($417/mt), compared to MXN 6,900/mt ($386/mt) a week ago.
USD = MXN 17.85 (Dec. 15)