The inter-merchant spot price for light iron scrap in the United Kingdom inched up over the past week following an ongoing shortage of supply and rising global markets, sources said on Friday April 17.
Fastmarkets' weekly price assessment for steel scrap 5C, loose old light, domestic, delivered inter-merchant, UK moved up by ?5 per tonne to ?50-60($62-75) per tonne on April 17, up from ?45-55 per tonne one week ago.The price...