Mexico domestic ferrous scrap prices remained unchanged for most grades on Friday despite tight supply.


In the northern region, the weekly Davis Index for HMS 1&2 (80:20) was flat to MXN5,800/mt ($247.6/mt) delivered Mexico consumer on Friday. The index for machine shop turnings remained unchanged at MXN4,900/mt delivered and rose by MXN100 for #1busheling to MXN5,900/mt delivered. The index for P&S 5ft in the north increased by MXN100/mt to MXN5,800/mt delivered Mexico consumer.


The Davis Index in the Bajío region rose by MXN17/mt to MXN5,800/mt delivered Mexico consumer for HMS 1&2 (80:20), but remained unchanged for machine shop turnings to MXN5,000/mt delivered. The index for #1busheling rose by MXN10/mt to MXN6,000/mt delivered and increased by MXN33/mt to MXN5,700/mt delivered for P&S 5ft.


In the central region, the index rose by MXN50/mt to MXN5,750/mt delivered Mexico consumer for HMS 1&2 (80:20) and was flat for machine shop turnings at MXN4,900/mt delivered. The index for #1 busheling in Central Mexico increased MXN100/mt to MXN5,900/mt delivered on Friday but held at MXN5,800/mt delivered for P&S 5ft.


Mexican recyclers expect lower scrap collection in the three regions of the country due to restrictions related to COVID-19 containment.


($1= MXN23.43)

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