UK SCRAP: Grade 5C market up for five weeks in a row

UK light iron scrap market prices have increased this week, moving up another £5 per tonne for the fifth week in a row, against a similar trend in export markets, particularly to the key destination of Turkey.

Metal Bulletin's price assessment for UK grade-5C scrap at £95-120 ($128-161) per tonne on Friday December 15, a new peak for the current quarter.

The market, which hit a three-year peak of £95-130 per tonne in the first half of September, was at £65-95 per tonne around the start of the current quarter. It was at an...


Declan Conway

December 15, 2017

17:28 GMT