EUROPE ALLOY STEEL SCRAP: Grade-316 prices up on short supply

The price of grade-316 stainless steel scrap rose in the UK domestic market this week on short supply, sources told Fastmarkets on Friday January 24.

Fastmarkets’ price assessment for stainless steel scrap 316 solids, domestic, delivered merchants UK, was £1,200-1,220 ($1,575-1,601) per tonne on Friday, up from £1,170-1,200 per tonne a week ago.

Supply of stainless steel scrap is typically low in January...

Published

Ross Yeo

January 24, 2020

17:11 GMT

London