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11 Jun
11:59

Italian stainless scrap values hike

Italian stainless steel scrap prices are rising significantly, in line with European values and increasing nickel prices. Demand for both long and flat products is said to be strong with high prices and short supply, particularly for stainless flats, Kallanish hears. 304 and 316 grade stainless steel scrap are increasing by almost €80/tonne ($97) on average month-on-month, depending on quality and tonnage. 304 is being sold at €1,500-1,550/t delivered. G…
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