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07 Oct
12:04

French stainless scrap falls

Stainless steel scrap prices in France are falling for October contracts despite the hikes in nickel, Kallanish learns. Grade 304 stainless scrap that in September was at €1,100/tonne ($1,207/t) ex-works is now being sold at €980-1,000/t ex-works. Buyers pay €20-30/t on average for delivery. The French stainless market, like most parts of Europe, is going through a period of crisis and low sales. During the summer some major Europea…
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