UK domestic light iron scrap market stabilizes losses

The light iron scrap market in the United Kingdom was steady in the week ended Friday May 27, stabilizing a four-week run of price losses on relatively tight availability despite weaker export markets into key destinations, trade sources told Fastmarkets.

Fastmarkets' price assessment of light iron steel scrap 5C, loose old light, domestic, delivered inter-merchant UK was £175-195 ($220-245) per tonne on Friday, unchanged from the week before.



Declan Conway

May 27, 2022

15:49 GMT