Fastmarkets’ weekly price assessment for
steel scrap 5C, loose old light, domestic, delivered inter-merchant, UK, was £140-150 ($191-205) per tonne on Friday, up from £130-145 per tonne on January 8. This was the highest since the price was in the range of £140-150 per tonne in April 2013.
British steel scrap prices were likely to be firm in the near term, UK traders said, despite a cooling in...