Alloy steel scrap prices in the UK and Europe were stable this week but decreases were expected next month because of diminishing demand, sources told Fastmarkets on Friday May 31.
The market this week was described as stable and uneventful, as regards prices. But the lack of a price reaction to the lower demand was due, at least in part, to the fact that prices had recently fallen by a significant amount - last week, in the case of Europe, and two weeks...