UK inter-merchant frag feed prices fall in line with exports

摘要

Fragmentiserfeed (5C) scrap prices in the UK have fallen consistently over the past month as export demand forthe processed material wanes, merchants told MB. Prices have fallen byaround £20-25 ($32-39) pertonne in the past month, most merchants agreed, addingthat some regions of the UK are only paying £160 per tonne for feed. One large exporter cut its buying price to $165 pertonne the week before last, while merchants in Scotland were paying around £180 pertonne, down from around £200 pertonne in the previous five or six weeks, sources told MB.