UK June monthly steel scrap contracts rise amid bullish international market

摘要

June contracts in the UK steel scrap market settled higher on average across the grades as strong international demand for premium grades supported increases, sources said. The S&P Global Platts assessment of 3B shredded scrap was GBP305/mt delivered to the mill June 11, up from GBP292.50/mt delivered in May. “For shred, we’re seeing real pressure on price, as the containers business has picked up again,” a UK recycler said, citing workable levels around GBP315-320/mt delivered, but adding that smaller yards were at GBP305-310/mt delivered.