SteelOrbis has learned that the current price for Mexican domestic shredded scrap is now at MXN 7,050/mt ($403/mt), compared to MXN 7,400/mt ($422/mt) a week ago.
Additionally, HMS I/II scrap prices are now being heard at MXN 5,300/mt ($303/mt), compared to MXN 5,800/mt ($331/mt), last week.
USD = MXN 17.51 (March 1)