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300 Jack Scrap - Brendan copy

MARKETS: Ferrous weekly round up 01 March

Markets are more upbeat than they have been for some time and direct suppliers to UK steelworks are already indicating higher prices for March. At this stage, no one knows how far the steelworks will go, but one of the county’s biggest suppliers has already increased its price for Plate and Girder by £20 per tonne, whilst Mixed 1 and 2 is up by around £10 per tonne. All told, with signs of renewed interest from China, trade in March may prove to be a significant improvement over February.