EUROPE ALLOY STEEL SCRAP: UK austenitic prices fall further as low demand continues

Austenitic alloy steel scrap prices in the UK market decreased further this week - low demand from stainless steel mills remains the dominant factor in the market.

Fastmarkets MB assessed the price of grade-316 scrap solids at £1,200-1,230 ($1,530-1,619) per tonne delivered, down from £1,220-1,300 a week earlier, while the price of 18/8 scrap solids fell to £770-800 per tonne from £780-830 per tonne previously.  "You'll struggle...

Published

Ross Yeo

December 07, 2018

16:55 GMT

London