UK stainless scrap prices fall on lower nickel costs, less demand

The price of stainless steel scrap in the UK went down this week on falling nickel prices and lower-than-expected demand, market sources told Metal Bulletin sister title Steel First.

The price range for 18/8 stainless steel scrap solids fell by £10 ($16) per tonne at the low end to £820-850 ($1,272-1,319) per tonne. Turnings prices remained at 80% of the solids range, and consequently fell by £8...

Published

Naomi Christie

August 30, 2013

15:21 GMT

London