The UK market for deliveries of steel scrap to domestic consumers has increased in August, more than paring losses made in July as tighter supplies and firmer demand at home and abroad combined to push up prices, industry sources told Fastmarkets.
The United Kingdom's domestic market for steel scrap gained strength in August, with tighter supply and firmer demand at home and abroad combining to push up prices, industry sources told Fastmarkets."We went up ?15 ($19.60) per tonne for our August scrap purchases and we were pushed as high as ?20 per tonne by suppliers, but we resisted that increase," a...