SteelOrbis has learned that the current price for Mexican domestic shredded scrap has dropped by MXN 100/mt ($5/mt) over the past week to MXN 6,050/mt ($292/mt).
Additionally, HMS I/II scrap prices have declined by MXN 200/mt ($10/mt) to MXN 4,250/mt ($205/mt) over the same period.
$1 = MXN 20.70 (December 27)