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Steel & Metal
- United Kingdom -

Steady UK Light Iron Scrap Prices Amid Tight Supply

The UK light iron 5C steel scrap market has remained steady for the fourth consecutive week, with prices unchanged, according to Fastmarkets. The stability in prices is attributed to tight availability of the material, which is supporting the market. Market participants expect renewed buying interest from Turkey, a key importer of UK light iron scrap, in the near future. The tight supply conditions in the UK light iron scrap market are preventing any significant price movements, despite the anticipation of increased demand from Turkey.

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