UK ferrous scrap prices flat to £5 per tonne up for December deliveries

Dec 09, 2011 | 12:44 PM |

UK ferrous scrap prices for deliveries to mills were mixed in December, as the two dominant buyers used different tactics to conclude negotiations with merchants. This meant HMS 1&2 (80:20) prices increased to £225-240 ($353-377) per tonne delivered, from £225-235 in November. OA prices were up to £240-255 delivered, from £240-250 previously. The remaining assessment for cut grades, 12 A/C/D, remained unchanged....

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