The United Kingdom inter-merchant light-iron steel scrap spot price was steady for the second consecutive week as of Friday November 12, with tight supplies from lower scrap generation and competitive dockside trading supporting the British domestic market, trade sources said.
The UK market has also garnered support from domestic monthly prices into British steelworks that settled ?20-25 ($27-33) per tonne higher for November delivery contracts."The UK light-iron market is well supported on fairly...