UK light iron price follows deep-sea exports down

摘要

The market for light iron steel scrap in the United Kingdom dropped in the week to Friday March 19, tracking a similar move in the European deep-sea export market to Turkey and the Indian subcontinent, although British domestic supply tightness should support prices in the near term, sources said. Fastmarkets’ weekly price assessment for steel scrap 5C, loose old light, domestic, delivered inter-merchant, UK, fell to ￡140-150 ($195-209) per tonne on Friday from ￡150-165 per tonne a week before.