SteelOrbis has learned that the current price for Mexican domestic shredded scrap is now at MXN 8,650 ($494/mt), compared to MXN 9,150/mt ($519/mt) last week.
Additionally, HMS I/II scrap prices are now being heard at MXN 7,000/mt ($400/mt), compared to MXN 7,700/mt ($437/mt) a week ago.
USD = MXN 17.51 (Feb. 2)