UK steel scrap markets increase on firmer dockside prices

Steel scrap price settlements in the United Kingdom for delivery to domestic steel mills have increased in September in line with competition for material for exports, as well as more buying interest from local consumers looking for feed for their smelting schedules after the summer slowdown, sources told Fastmarkets in the week to Wednesday September 13.

Fastmarkets’ monthly price assessment for steel scrap 1&2 old steel domestic, delivered consumer UK was £205-220 ($256-275) per tonne on Tuesday, up by £15 from £190-205 per tonne the previous month....

Published

Declan Conway

September 13, 2023

20:31 GMT

Galway, Ireland