SteelOrbis has learned that the current price for Mexican domestic shredded scrap has decreased by MXN 50/mt ($3/mt) over the past week to MXN 7,600/mt ($381/mt).
Additionally, HMS I/II scrap prices have dropped by MXN 50/mt ($3/mt) over the same period to MXN 5,750/mt ($288/mt).
$1 = MXN 19.97 (August 22)