The inter-merchant spot price for light iron scrap in the UK was unchanged in the week to Friday June 26, continuing the stability seen last week amid low-key but steady trading and little change in export prices, trade sources said.
There was also some market expectation that monthly delivery settlement prices would be rolled over after the conclusion of negotiations due to start next week.Fastmarkets' weekly price assessment for steel scrap 5C, loose old light, domestic, delivered inter-merchant, UK, was ?80-90 ($99-112)...