Scrap Metal Prices June 2016

Late May & early June has seen steel scrap give up the welcome gains of the previous two months. An uncertain and slightly panicky market prevails.

A Bank holiday week, the immediate run up to the Brexit vote and Euro 2016 about to kick off all point to a quiet June in business terms.  

Non ferrous grades remain pretty unchanged.  Copper, lead, zinc and aluminium have moved up and down almost weekly; but remaining in a fairly narrow price band.  Currency has been volatile also playing its part in price movement.

On the ground May has been a busy month at Mason's as some have rushed to beat price drops in the ferrous market.

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