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06 Nov
11:44

French stainless scrap prices weaken

Stainless steel scrap prices in France are falling for November contracts, Kallanish learns from scrap merchants in the sector. Grade 304 stainless scrap is now at €930-940/tonne ($1,030-1,042/t) ex works having been sold in October at €980-1,000/t ex-works. Buyers pay €20-30/t on average for delivery. With no change from last month, the French stainless market, as in most parts of Europe, is going through a period of stagnatio…
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