UK scrap stagnant; British Steel conclusion foreseen end-Aug

摘要

The UK domestic and export scrap markets have stagnated in terms of pricing, the Bureauof International Recycling (BIR) said Friday, citing uncertainties over Brexit as a majorfactor, and signaling that a conclusion on the future of British Steel can be expected byend-August.Although there is reasonable demand in the UK scrap markets, buying has become moresporadic, Shane Mellor of Mellor Metals Ltd (GBR), and a board member of the BIR FerrousDivision, said in the BIR's quarterly market report Friday.