05
Aug
08:01
French stainless scrap rises
Stainless steel scrap prices in France are slightly increasing compared to mid-July due to the recent jump in nickel prices that have gone over $14,300, Kallanish is told.
Grade 304 stainless scrap is at €1,000/t ($1,112/t) ex-works this month. Buyers pay €20-25/t on average for delivery. If nickel remains at the current high levels, values for 304 are seen gaining further by the end of the month for September contracts. Merchants will d…
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Anonymous
Very good overview of the weekly steel market.
Anonymous