EU ferrous scrap prices show signs of bottoming out as mills return, BIR chairman says

Ferrous scrap prices are showing signs of bottoming out after days of a trading standstill as more consumers are prepared to come back, a recycling industry body said on Sunday May 22.

“There has been an 'overhang' in the European ferrous scrap market over the past 10 days, when suppliers struggled to even get any price from consumers. But we just spoke...


Julian Luk

May 23, 2022

04:47 GMT