SteelOrbis has learned that the current price for Mexican domestic shredded scrap is now at MXN 7,900/mt ($450/mt), compared to MXN 8,650 ($494/mt) a week ago.
Additionally, HMS I/II scrap prices are now being heard at MXN 6,250/mt ($356/mt), compared to MXN 7,000/mt ($400/mt) last week.
USD = MXN 17.55 (Feb. 9)