SteelOrbis has learned that the current price for Mexican domestic shredded scrap is now at MXN 6,350/mt ($358/mt), compared to MXN 7,100/mt ($404/mt) on July 3.
Additionally, HMS I/II scrap prices are being heard at MXN 5,650/mt ($319/mt), compared to MXN 6,100/mt ($347/mt) on July 3.
USD = MXN 17.73 (July 7)