UK SCRAP: Prices remain stable on quiet market

The inter-merchant spot market for UK light iron has remained flat for the fourth consecutive week due to stable market conditions, sources told Fastmarkets on Friday July 19.

Fastmarkets’ assessment of the price for steel scrap 5C, loose old light, domestic, inter-merchant, was £80-100 ($100-125) per tonne on July 19, unchanged week on week.

Market participants agreed that there had been no change to prices this week and added that the market was quiet due to many...


Carrie Bone

July 19, 2019

16:25 GMT