UK 18/8 solids import prices up on LME nickel increase

The price of UK 18/8 stainless steel solids has jumped this week on nickel’s recovery on the London Metal Exchange, market sources told Metal Bulletin sister title Steel First.

The LME’s three-month official bid/offer spread for nickel was $18,225-18,230 per tonne on Thursday September 27, up from $18,045-18,050 on September 26. Inter-merchant prices for UK 18/8 solids rose to £1,080-1,120 ($1,749-1,814) per...


Alexandra Chapman

September 28, 2012

15:30 GMT