EUROPE ALLOY STEEL SCRAP: Austenitic prices edge up on nickel cost in slow trading

Austenitic alloy scrap prices in Europe and the UK edged higher in Metal Bulletin’s assessments on Friday August 10 on firmer nickel costs.

Market activity remained sluggish through a combination of trading personnel being on holiday and mills undertaking maintenance work, during which time their demand was lower. Metal Bulletin’s weekly price assessment for European imported 18/8 stainless steel solids was €1,140-1,170 ($1,320-1,355) per tonne cif main...


Ross Yeo

August 10, 2018

19:35 GMT