UK SCRAP: 5C price stable after rollover of monthly prices

The UK light iron inter-merchant spot market was unchanged for the third consecutive week following the rollover of monthly delivery settlements, sources told Fastmarkets on Friday July 12.

Fastmarkets' steel scrap 5C loose old light domestic, inter-merchant price was £80-100 ($100-125) per tonne on July 10.

Although many market participants agreed that prices were steady this week, some may have been able to secure a decrease of as much as £5 per tonne in some...

Published

Carrie Bone

July 12, 2019

16:51 GMT

London