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08 Mar
11:20

French 316 stainless scrap prices rise, supply tight

Stainless steel scrap prices in France are increasing further in March, but only for certain categories. This is due to see-sawing nickel prices that have fallen significantly in recent days. This month, prices for grade 316 are hovering at €1,820-1,830/tonne ($2,162-2,173/t) delivered on average. Like last month, this grade is in tight supply and is sold quickly, market participants tell Kallanish. However, mills are paying €1,260-1,270/t delivered for …
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