UK STEEL SCRAP WEEKLY: Market steady on firm pricing

The inter-merchant spot market for light iron scrap in the UK was steady in the week ended Friday August 7, sources have told Fastmarkets.

Fastmarkets’ weekly price assessment for steel scrap 5C, loose old light, domestic, delivered inter-merchant, UK, was unchanged at £85-95 ($112-125) per tonne on Friday.

“Our suppliers seem content at this price,” one market source said. “We would react if our competitors moved [their...


Carrie Bone

August 07, 2020

14:33 GMT