Weaker export prices drag down UK domestic scrap price settlements

摘要

Prices in the UK ferrous scrap market for monthly deliveries toconsumers in October have settled with price falls of ￡40 per tonnecompared with September’s settlements, trade sources told MetalBulletin this week.The move follows steady losses in September’s import prices inTurkey, a key export market for British steel scrap.Trend-indicating grades in the UK such as HMS 1&2 (old steel) andOA (plate & structural) are now priced ￡155-180 ($204-237) and￡175-200 ($231-264) per tonne delivered, respectively.