Davis Index’s weekly north and south UK HMS 1&2 (80:20) ferrous scrap indices remained unchanged at £160/mt ($211/mt) delivered dockside, on Tuesday.
British-based ferrous scrap traders rolled over HMS 1&2 (80:20) dockside purchase prices over the past week, with one eye on softening seaborne export benchmarks and another on protecting margins.
The weekly indices for both north and south UK OA (Plate & Structural) crept up by £3/mt to £183/mt delivered dockside on August 18.
Davis Index’s north and south UK 5A/5C (frag feed) ferrous scrap indices played catch up with developments seen in other grades over the past few weeks with the grade rising up in both regions by £10/mt to £95/mt delivered dockside over the same period.
(£1 = $1.32)