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EU, UK stainless steel scrap prices up on expectation of higher demand in September

July 30, 2010 - 12:27 GMT Location: London

KEYWORDS: Stainless , steel , scrap , EU , UK

Intermerchant stainless steel scrap prices rose this week as UK and EU merchants speculated sales would increase in September, they told MB.

Higher LME nickel and tight supply also contributed to higher prices they said. In the UK, 18/8 solids traded at £1,320-1,370 ($2,062-2,140) per tonne this week, up from £1,270-1,320 per tonne last week. In the...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.

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